Aimia reaches settlement with Mithaq Capital, will add two Mithaq nominees to board

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By News Room 5 Min Read

TORONTO – Aimia Inc. has signed a deal to settle its dispute with Mithaq Capital SPC, its largest shareholder, that will see the appointment of two Mithaq nominees to its board of directors.

The company has also agreed to pay Mithaq US$1.5 million as reimbursement for third-party fees, costs, and expenses it incurred in connection with its litigation.

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