Well, he finally sold it - Lee-Chin sells AIC to Manulife

[Smazz]

Lee-Chin sells AIC to Manulife

 

http://www.theglobeandmail.com/globe-investor/funds-and-etfs/funds/lee-chin-sells-aic-to-manulife/article1249425/

 

Im really curious to see what he got for it today - too bad for him he didnt sell it when it was a hot commodity.

[Parsad]

They've done a God-awful job hiring and firing investment managers.  Jonathan Wellum was also the wrong person to be running the investment side.  Michael Lee-Chin lost interest some time ago in his company, and was more focused on his investments in Jamaica and philanthrophy.  I'd like to know what Manulife paid, because they may have gotten ripped off based on where AIC is today!  ;D  Cheers!

[Smazz]

Seeing what their Assets are, and from previous sales Im going to speculate in the $200 - $300M.

Who knows could be just a fraction of that too - we are in unusual times.