UPDATE 1-Combative Stronach defends MI Developments deal

Newswire

(Updates with analyst comments, share price) By Amran Abocar TORONTO, Aug 23 (Reuters) - MI Developments chairman Frank Stronach bluntly told unhappy minority shareholders on Monday that he would not run the company on their agenda and offered few details on the abrupt departure of the firm's chief executive. It was a familiar refrain from the multimillionaire businessman whose empire covers autoparts, real estate and race tracks. "I do not seek a confrontation but we have a mandate ...

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