Ontario Securities Commission Dismisses SLC Holdings Case Against Stracon Group

Reuters02-13
Ontario Securities Commission Dismisses SLC Holdings Case Against Stracon Group

Stracon Group Holding Inc. announced that the Ontario Securities Commission's Capital Markets Tribunal has dismissed an application filed by SLC Holdings Inc. SLC had alleged that Stracon's merger with Stracon Holdings S.A. had not taken effect and that Stracon did not own its assets. The Tribunal rejected both the application and SLC's motion for standing, with reasons to follow.

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