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ACE Aviation stock soars after shareholder moves to replace board

Dec. 10, 2008, Montreal - ACE Aviation Holdings Inc. shares soar 15 per cent after West Face group of funds formally calls for shareholders meeting to remove and replace all the directors on ACE's board.


December 10, 2008
By Carey Fredericks

Dec. 10, 2008, Montreal – ACE Aviation Holdings Inc. shares soar 15 per cent after West Face group of funds formally calls for shareholders meeting to remove and replace all the directors on ACE's board. ACE B shares were up 46 cents at $3.56, the A shares were up 45 cents at $3.52 on the Toronto Stock Exchange.