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South Shore board says efforts to wind up company negative for investors

The board of directors of South Shore Holdings says it rejects a petition to wind up the company, saying that such a move would destroy value of the firm with no recovery for shareholders.

AGBrief Editorial AGBrief EditorialNovember 4, 2020 · 1 min read
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The board of directors of South Shore Holdings says it rejects a petition to wind up the company, saying that such a move would destroy value of the firm with no recovery for shareholders.

A special shareholder meeting has been convened for Dec. 4 to discuss the petition to wind up the company, which was put forward on Oct. 9th. (Company filing)

 

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