Olshan Wins Settlement for Mining Investors for Shareholder Value
Olshan successfully negotiated a settlement for its client, Mining Investors for Shareholder Value (MISV), with MAG Silver Corp., a Canadian mining company dual listed on the Toronto and New York Stock Exchanges. Under the agreement, MAG Silver will nominate two MISV-recommended candidates for election to MAG Silver’s Board of Directors at its 2012 and 2013 annual meetings. MISV is one of MAG Silver’s largest shareholders with a 9.8% stake. Steve Wolosky, Michael Neidell and Elizabeth Gonzalez represented MISV in connection with its investment and the settlement negotiation.