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Telus says it will fight legal petition around foreign ownership rules

VANCOUVER – Telus Corp. (TSX:T) says it will fight a court petition filed by U.S. hedge fund Mason Capital Management seeking more information on the telecom’s compliance with foreign ownership rules. The petition, filed with the Supreme Court of British Columbia on Tuesday, asks the court to order Telus to provide information about how shareholders voted on a proposal to eliminate the company’s dual-class share structure.

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