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Proxy advisory firms ISS and Glass Lewis back Sunoco offer for Parkland

CALGARY — Two proxy advisory services are recommending shareholders vote in favour of Parkland Corp.’s planned takeover by U.S. company Sunoco LP. Institutional Shareholder Services Inc. and Glass, Lewis & Co. are both endorsing the friendly cash-and-stock deal announced last month, which is valued at US$9.1 billion including assumed debt. Parkland owns the Ultramar, Chevron […]


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