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Stronach Feud Settled 20200813
Magna International Inc. chairman Frank Stronach (right) and executive vice-chair Belinda Stronach chat at the company's annual general meeting in Markham, Ont., on May 6, 2010. A high-profile feud among members of the Stronach family has been settled. Under a settlement announced by The Stronach Group, control of the family fortune is basically split between two factions. Former politician and business executive Belinda Stronach will remain chairwoman and president of The Stronach Group, with full control of its horse racing, gaming, real estate and related assets. Her Austrian-born parents, Frank and Elfriede Stronach, will assume full ownership and control of a stallion and breeding business, all farm operations in North America and all European assets. THE CANADIAN PRESS/Frank Gunn
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Source name:
The Canadian Press
Unique identifier:
CP18598752
Legacy Identifier:
JCO105
Type:
Image
Dimensions:
2787px × 2014px 1.30 MB
Usage rights:
FOR ONE TIME USE ONLY. NO STORAGE FOR FUTURE USE.
Special Instructions:
EDS NOTE A FILE PHOTO
Create Date:
5/6/2010 5:59:33 AM
Display aspect ratio:
2787:2014