The company issued a two-pronged response to Browning West’s requisition of a special meeting of shareholders to vote on a new slate of directors and reinstate ousted CEO Glenn Chamandy. The board has given the nod to a combined annual and special meeting, which is now scheduled for May 28, but also filed in Quebec Court to have the special meeting thrown out on the grounds of Browning West violating U.S. law with its rapid share acquisition last month.

GIL’s board put together a special committee—made up of directors not targeted for ... Log in to view full article.