- We have reviewed the proposed terms of the new contract provided by Aimia late yesterday.
- Upon legal review, we have concluded that the notice and document provided by Aimia to CIBC appears to have been intentionally structured in a way that attempts to nullify CIBC's right of first refusal and any ability to match.
- Given the structuring of the document and our contractual rights, we are exploring our options.
CIBC Provides Further Disclosure On Aimia Press Release
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