Burton Denies Moore Delistment Reports
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"The examination of our real estate portfolio in no way indicates an intention of the company to move off of either the TSE or NYSE," Burton adds.
Burton and the company's board of directors had their hands full during April's annual shareholder meeting. The Canadian Press (CP) reported that a number of shareholders leveled mismanagement charges against the board in light of Moore's lackluster performance over the past few years. The CP noted that Moore lost more than $66 million last year on sales of $2.26 billion.
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- People:
- Burton
- Limited Moore
- Robert
- Places:
- Chicago
- Connecticut
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