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Article Date: January 2024
Word Count: 320

Gildan Accuses Browning West of HSR Violation


The Gildan war of words has evolved with more accusations and legal melodrama as the company’s board of directors charged vocal investor Browning West with violations of the Hart-Scott-Rodino Antitrust Improvements Act of 1976 in its rapid share acquisition to hit 5% ownership last month. The firm has been a major cheerleader for ousted CEO Glenn Chamandy and on Jan. 9 called to requisition a special meeting to reinstate Chamandy and shake up the majority of the Gildan board.

 

In a Sunday press release, the board charged that Browning West’s December acquisitions ... Log in to view full article.

 


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