2024-04-08 11:53:23 ET
Browning West LLC is asking a Canadian court to prevent Gildan Activewear’s ( NYSE: GIL ) board from selling the company before the company’s annual shareholders meeting in May as it would interfere with the election of new board members and the “meaningful exercise of shareholders’ fundamental democratic rights.” Browning West is one of Gildan’s ( GIL ) largest shareholders with a 5% stake. ...
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Gildan Activewear shareholder asks court to block a sale before shareholder meeting