Holders opposing Magna deal see possible win-report

Newswire

NEW YORK, Aug 28 (Reuters) - Holders of about 8 million shares in Magna International class A stock, or about 8 percent of the total outstanding, have confirmed they voted against a plan to sell 20 percent of the auto-parts maker to a Russian billionaire, the Globe and Mail newspaper said. The holders confirmed they voted against the deal in proxies that had to be submitted by Friday, a report in the online edition of the newspaper said. Shareholders opposing the plan by Magna founder ...

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