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AIMIA ANNOUNCES SETTLEMENT OF LEGAL DISPUTES WITH CHRISTOPHER MITTLEMAN

AIMIA ANNOUNCES SETTLEMENT OF LEGAL DISPUTES WITH CHRISTOPHER MITTLEMAN Canada NewsWire...

articleAimia Inc.January 3, 20243/company/aimia-inc/news/aimia-announces-settlement-of-legal-disputes-with-christopher-mittleman
AIMIA ANNOUNCES SETTLEMENT OF LEGAL DISPUTES WITH CHRISTOPHER MITTLEMAN

About this update from Aimia Inc.

[{"type":"text","content":"\n \n \n \n AIMIA ANNOUNCES SETTLEMENT OF LEGAL DISPUTES WITH CHRISTOPHER MITTLEMAN\n \n \n /* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n \n \n \n \n \n \n Canada NewsWire\n \n \n \n \n \n \n TORONTO\n \n \n ,\n \n \n Jan. 3, 2024\n \n \n /CNW/ - Aimia Inc. (TSX: AIM) (\"\n \n Aimia\n \n \" or the \"\n \n Company\n \n \") is pleased to announce that the Company has entered into a settlement agreement with\n \n Christopher Mittleman\n \n (\"\n \n Christopher\n \n \") to withdraw all legal proceedings between Aimia and Christopher (the \"\n \n Settlement Agreement\n \n \"). The Settlement Agreement includes customary standstill, voting support and other provisions. The terms of the Settlement Agreement are confidential.\n \n \n \n Advisors\n \n \n \n Norton Rose Fulbright Canada LLP is acting as legal counsel to Aimia. Kingsdale Advisors is acting as strategic shareholder advisor and communications advisor to Aimia.\n \n \n \n About Aimia\n \n \n \n Aimia Inc. (TSX: AIM) is a holding company that makes long-term investments in private and public businesses through controlling or minority stakes. Aimia targets companies with durable economic advantages evidenced by a track record of substantial free cash flow generation over complete business cycles, strong growth prospects, and guided by strong, experienced management teams. Headquartered in\n \n Toronto, Canada\n \n , Aimia is positioned to invest in any sector, wherever a suitable opportunity can be identified worldwide. In addition, Aimia seeks investments that may efficiently utilize the Company's operating and capital loss carry-forwards to further enhance stakeholder value.\n \n \n For more information about Aimia, visit\n \n \n www.aimia.com\n \n \n .\n \n \n \n Forward-Looking Statements\n \n \n \n This press release contains statements that constitute \"forward-looking information\" within the meaning of Canadian securities laws (\"forward-looking statements\"), which are based upon our current expectations, estimates, projections, assumptions and beliefs. All information that is not clearly historical in nature may cons...

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