Ontario Teachers' Pension Plan Sells 20% Stake in Glass Lewis to AIMCo
Ontario Teachers' Pension Plan said Wednesday that it has sold 20% of its ownership stake in Glass, Lewis & Co. to Alberta Investment Management Corp. No financial terms were disclosed. Headquartered in San Francisco, Calif., Glass Lewis is an investment research and global proxy advisory and voting services firm. Update: Ontario Teachers acquired the company from Shanghai, China's Xinhua Finance Ltd. in October 2007 for a purchase price of US$46 million.
28 August 2013•3 mins read
