Items Tagged with 'reorganizing'

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Cervus CEO Borrows $10.2 Million from Company to Facilitate Change to His RRSP

Cervus Equipment Corp. says it has provided a $10.2-million short-term loan to its chief executive officer, Peter Lacey, who is also the company's largest shareholder, president and chairman of its board. The farm equipment dealer said the loan will assist Lacey and a member of his family in reorganizing their registered retirement savings plans, following amendments to tax rules announced by the federal government on June 16.
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