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BRIEF-Mittleman Brothers Sends Open Letter To Board Of Aimia

Published 2018-08-06, 01:20 p/m
BRIEF-Mittleman Brothers Sends Open Letter To Board Of Aimia

Aug 6 (Reuters) - Mittleman Brothers LLC:

* MITTLEMAN BROTHERS LLC - SENDS OPEN LETTER TO BOARD OF DIRECTORS OF AIMIA INC

* MITTLEMAN BROTHERS SAYS IS AIMIA INC.'S LARGEST SHAREHOLDER WITH A 17.6% STAKE

* MITTLEMAN BROTHERS-IF FAIR VALUE ISN'T "FORTHCOMING" FROM AIR CANADA-TD-CIBC-VISA GROUP,LET AEROPLAN PURSUE STRATEGY JEREMY RABE PREVIEWED ON JULY 20

* MITTLEMAN BROTHERS - IF AIMIA CANNOT OBTAIN STAND-ALONE VALUE OF AEROPLAN, C$1B, MODEST CONTROL PREMIUM OF 20%, THEN WOULD PREFER AIMIA NOT SELL IT

* MITTLEMAN BROTHERS SAYS AIMIA SHOULD NOT ACCEPT LESS THAN C$1 BILLION NET FOR ITS CORE ASSET

* MITTLEMAN BROTHERS - POTENTIAL ONEWORLD AIRLINE ALLIANCE DEAL REVEALED ON AUG 1 & PORTER AIRLINES DEAL WOULD BOOST AEROPLAN VALUE BEYOND 2020

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