Business NewsMarketWire • MPL Directors Approve Settlement Proposal in Minority Shareholder Action

MPL Directors Approve Settlement Proposal in Minority Shareholder Action

MPL Directors Approve Settlement Proposal in Minority Shareholder Action

TORONTO, ONTARIO--(Marketwire - March 4, 2011) - On February 28, 2011, the board of directors of MPL Communications Inc. approved a payment proposal from Marpep Publishing Limited in settlement of a judgment award issued by the Alberta Court of Queen's Bench. The board also directed that the proposal be brought back to the court to seek its approval.

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