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1. • Unnecessary

     • Fuel retailer Parkland Corp. says a strategic review of its business called for by its largest shareholder is unnecessary. The Calgary-based company says such a review does not consider the best interests of the majority of its shareholders.
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     Parkland says strategic review called for by Simpson Oil is ...

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   Does parkland need a strategic review?

   • Parkland’s Board of Directors (the “Board”) continuously evaluates opportunities to enhance and maximize shareholder value. The current call for a strategic review represents another attempt by Simpson Oil Limited (“Simpson”) to circumvent established corporate governance without considering the interests of all shareholders.

   Parkland Issues Statement in Response to Simpson Oil Limited

   www.parkland.ca/newsroom/news-releases/parkland-issues-statement-in-response-to-simpson-oil-limited

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   Could parkland Corp be sold?

   • The Calgary-based company has rejected a call by its largest shareholder to consider a potential sale of the business. (Darryl Dyck/The Canadian Press) The internal strife at fuel retailer Parkland Corp. continues as the Calgary-based company rejected a call by its largest shareholder to consider a potential sale of the business.

   Conflict heating up between Parkland Corp. and top shareholder Simps…

   www.cbc.ca/news/canada/calgary/parkland-conflict-shareholder-simpson-oil-1.7174164

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   Should parkland oil consider new ownership of Simpson oil?

   • Simpson Oil, which is Parkland’s largest shareholder with a 19.7-per-cent ownership stake, called last week for the company to consider new ownership in what represents the latest salvo in a months-long governance dispute between the company and its most prominent investor.

   Pressure mounts on Parkland to consider sale - The Globe and Mail

   www.theglobeandmail.com/business/article-parkland-shareholder-strategic-review/

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   Is parkland in play?

   • In a note to clients published on Monday, Mr. Isaacson said he believes Parkland is now in play. It is possible that Simpson Oil could channel its large stake in Parkland into a hostile takeover bid, he said.

   Pressure mounts on Parkland to consider sale - The Globe and Mail

   www.theglobeandmail.com/business/article-parkland-shareholder-strategic-review/

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3. www.parkland.ca › newsroom › news-releasesParkland Issues Statement in Response to Simpson Oil Limited

   www.parkland.ca › newsroom › news-releases

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   CALGARY, AB, April 14, 2024 – Parkland Corporation ("Parkland", "we", the "Company", or "our") (TSX:PKI), announced its determination that a strategic review is unnecessary and does not consider the best interests of the majority of our shareholders.

4. www.cspdailynews.com › company-news › parklandsParkland’s Largest Shareholder Calls for Strategic Review

   www.cspdailynews.com › company-news › parklands

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   Apr 15, 2024 · Parkland Corp.’s largest shareholder, Simpson Oil Ltd., is asking the Calgary, Alberta-based company’s board of directors to conduct a strategic review and consider selling the company.

5. www.reuters.com › business › energySimpson Oil calls for strategic review at Parkland | Reuters

   www.reuters.com › business › energy

   Apr 12, 2024 · April 12 (Reuters) - Simpson Oil, the biggest shareholder of Parkland Corp (PKI.TO), on Friday sent a letter to the board of the Canadian fuel retailer, urging it to immediately start a review...

6. calgary.ctvnews.ca › parkland-says-strategicParkland says strategic review called for by Simpson Oil is ...

   calgary.ctvnews.ca › parkland-says-strategic

   Apr 15, 2024 · Fuel retailer Parkland Corp. says a strategic review of its business called for by its largest shareholder is unnecessary. The Calgary-based company says such a review does not consider the best...

7. www.cbc.ca › news › canadaConflict heating up between Parkland Corp. and top ... - CBC.ca

   www.cbc.ca › news › canada

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   Apr 15, 2024 · In a research note Sunday, CIBC Capital Markets analyst Kevin Chiang said Simpson Oil's public call for a strategic review suggests the discussions between Parkland and its largest...

8. www.bnnbloomberg.ca › business › company-newsParkland Corp. faces lawsuit from top shareholder Simpson Oil

   www.bnnbloomberg.ca › business › company-news

   Aug 14, 2024 · The lawsuit marks the latest development in what has been a months-long dispute between Parkland and its largest shareholder. Last December, two Simpson-nominated directors resigned from the board. Simpson has also called on Parkland to conduct a strategic review that would include the consideration of a possible sale of the company.

9. www.theglobeandmail.com › business › articlePressure mounts on Parkland to consider sale - The Globe and Mail

   www.theglobeandmail.com › business › article

   • Cached

   Apr 17, 2024 · Parkland rejected Simpson’s call for a potential sale in a statement earlier this week that said a strategic review was unnecessary.