Baltimore Sun (Free subscription) | 27/08/2008
The parent of Magna Entertainment Corp., which owns Laurel Park and Pimlico Race Course, must stop funding the racetrack company's operations at the behest of its founder, a dissident shareholder of MI Developments Inc. said yesterday in a regulatory filing.
PR News Wire (Free subscription) | 22/08/2008
AURORA, ON, Aug. 22 /PRNewswire-FirstCall/ - MI Developments Inc. (MID) (TSX: MIM.A, MIM.B; NYSE: MIM) today announced that it has retained GMP Securities L.P. as a financial advisor to MID management. GMP will work with MID management to liaise with shareholders in an attempt to develop a consensus on how best to reorganize MID. Dennis Mills, MID's Vice-Chairman and Interim Chief Executive Officer, stated,...
Globe and Mail (Free subscription) | 15/08/2008
Former politician appointed as interim CEO of the real estate company following resignation of John Simonetti
PR News Wire (Free subscription) | 14/08/2008
AURORA, ON, Aug. 14 /PRNewswire-FirstCall/ - MI Developments Inc. (MID) (TSX: MIM.A, MIM.B; NYSE: MIM) today announced the appointment of Dennis Mills as MID's Interim Chief Executive Officer, effective immediately. Mr. Mills has served as MID's Vice-Chairman and a member of the MID Board of Directors since August 2004. From 1984 to 1987, Mr. Mills was Vice-President at Magna International Inc., where...
atHome Top Story (Free subscription) | 09/08/2008
MI Developments Inc. said yesterday its chief executive, John Simonetti, long frustrated by infighting among shareholders over the restructuring of the company, will leave MID after an unspecified transition period.
PR News Wire (Free subscription) | 08/08/2008
PR News Wire (Free subscription) | 28/07/2008
AURORA, ON, July 28 /PRNewswire-FirstCall/ - MI Developments Inc. ("MID") (TSX: MIM.A, MIM.B; NYSE: MIM) will announce its financial results for the second quarter ended June 30, 2008 on Friday, August 8, 2008 before the opening of the market. A conference call to discuss those results will be held on Friday, August 8, 2008 at 10:30 a.m. EST. The number to use for this call is 1-800-814-3911. Please...
PR News Wire (Free subscription) | 27/06/2008
AURORA, ON, June 27 /PRNewswire-FirstCall/ - MI Developments Inc. (MID) (TSX: MIM.A, MIM.B; NYSE: MIM) today announced that, in light of shareholder discussions relating to potential amendments to the reorganization proposal received by MID's Board of Directors on March 31, 2008 (the "Reorganization Proposal"), the special meeting of MID shareholders to consider the Reorganization Proposal, previously...
PR News Wire (Free subscription) | 30/05/2008
AURORA, ON, May 30 /PRNewswire-FirstCall/ - MI Developments Inc. (TSX: MIM.A, MIM.B; NYSE: MIM) today announced that it has called a special meeting of shareholders (the "Special Meeting") to be held in Toronto on July 24, 2008 to consider the reorganization proposal (the "Reorganization Proposal") received by MID on March 31, 2008 on behalf of various MID shareholders, including entities affiliated...
The Earth Times Online Newspaper (Free subscription) | 24/05/2008
AURORA, ON, May 23 - MI Developments Inc. (TSX: MIM.A, MIM.B; NYSE: MIM) today announced that it and one of its wholly-owned subsidiaries (collectively, "MID") have agreed to amend the bridge loan (the "Bridge Loan")...
atHome Top Story (Free subscription) | 08/05/2008
Frank Stronach, founder of MI Developments Inc., has easily defeated an attempt by shareholder Greenlight Capital to block his restructuring plan.
Globe and Mail (Free subscription) | 07/05/2008
Loss at Magna Entertainment weighs on results from property arm of Canadian auto-parts empire Magna International
PR News Wire (Free subscription) | 07/05/2008
PR News Wire (Free subscription) | 05/05/2008
AURORA, ON, May 5 /PRNewswire-FirstCall/ - MI Developments Inc. ("MID") (TSX: MIM.A, MIM.B; NYSE: MIM) announced today that the conference call to discuss the Company's first quarter results will be held on Wednesday, May 7, 2008 at 2:00 p.m. EST. The number to use for this call is 1-800-732-9307. Please call 10 minutes prior to the start of the conference call. The dial-in number for overseas callers...
PR News Wire (Free subscription) | 18/04/2008
AURORA, ON, April 18 /PRNewswire-FirstCall/ - MI Developments Inc. (TSX: MIM.A, MIM.B; NYSE: MIM) responded today to the press release issued earlier today by Greenlight Capital with respect to Greenlight's shareholder proposal and the reorganization proposal that has the support of over 50% of the holders of MID's Class A Subordinate Voting Shares. MID's position with respect to the Greenlight shareholder...
