Wednesday May 7
CGI founders cash in
“At the end of the contract term in 25 years, or in the event of its earlier termination, we can elect to deliver the contract value either in shares or in cash”
Two of the top officers of CGI Group Inc. have cashed in about $127-million worth of stock in the Montreal information technology company, 30 per cent of their combined holdings, for estate planning purposes. via The Globe and Mail
Posted by roboblogger
Full Story: The Globe and Mail
Complete Coverage: 3 stories
- Globeinvestor.com - CGI founders cash in
- The Toronto Star - CGI founders to sell off 11 million shares
- Canada NewsWire - CGI founders to monetize portion of shareholding while protecting CGI's destiny
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