David Einhorn Buys State Bank Financial (STBZ), Updates MI ...

In recent developments, the company has reached an agreement that ends Canadian billionaire Frank Stronach's control of MIM. This agreement eliminates the company's dual class structure (Stronach currently controls 57% of the vote). ... Per Google Finance, MI Developments is "a real estate operating company. The Company is engaged in the acquisition, development, construction, leasing, management and ownership of an industrial rental portfolio leased primarily to Magna ...

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