Telus Corp: Dual Class Share Shenanigans
"A lot of the comments circulating online about this are unfavourable to Mason, but I think Mason’s point here is legitimate. An investor paying a premium for voting rights should never have to see others get the same right for free. I am also unconvinced by the company’s explanation for the need for this conversion..."
"What the CEO fails to mention is that the discount will be eliminated at the expense of those who paid for it up front."
Note: I don't have any ownership or financial connection / employment associated with Telus. Just an interesting academic discussion for me.