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Magna Entertainment (fka MECAQ)

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Last Post: 2/25/2011 12:29:35 PM - Followers: 3 - Board type: Free - Posts Today: 0

MEC's parent company, Magna International Inc., is one of the most diversified automotive parts suppliers in the world. In 1999, Magna International Inc. entered into a series of transactions in order to separate its non-automotive businesses from its automotive businesses. In November 1999, Magna International Inc. completed a reorganization of its corporate structure, under which its non-automotive businesses and certain real estate assets were transferred to MEC. On March 10, 2000, Magna International Inc. distributed to its stockholders, by way of a special dividend, approximately 15.7 million shares comprised of MEC Class A Subordinate Voting Stock and Exchangeable Shares. This distribution launched MEC as a separate public company from Magna International Inc., with MEC shares traded on the Nasdaq National Market and The Toronto Stock Exchange. Magna International Inc. currently controls MEC through its ownership of MEC stock.
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#15   Magna Entertainment Revoked nodummy 02/25/11 12:29:34 PM
#13   reversal in on this one guys? pj McMulligan 04/02/08 10:17:33 AM
#12   Selling more tracks... laguna112 02/26/08 04:01:32 PM
#11   lookin good....MECA chart.... xsurfbum 09/16/07 11:37:46 PM
#10   BOOM, they are selling between 600 - 700 laguna112 09/14/07 02:37:42 PM
#9   I believe this is a great buyingpoint 3.15......go meca laguna112 04/30/07 11:40:04 AM
#8   Dixon downs shot down by voters,,,,,,,,,now sell the laguna112 04/18/07 11:13:29 AM
#7   Visited San Luis Rey downs 200 acre lot.owned BP_SCULPIN 04/03/07 01:06:54 PM
#6   Slots going in at gulfstream park, got an laguna112 03/20/07 03:22:27 PM
#5   Has anyone here heard of further developments w/re Starnet Gypsy 01/22/06 01:44:00 AM
#3   Magna Entertainment Corp. announces sale of Great Lakes Downs sinisa 09/02/04 03:54:51 PM
#2   Magna Entertainment Corp. Announces Closing of Offering of Copperfield 06/02/03 08:17:55 PM
#1   Magna Entertainment news Copperfield 05/30/03 10:55:12 PM