Activist shareholders of Calgary-based Eagle Energy Inc. have launched a proxy fight to replace the company’s board, reduce its costs, sell assets and slash its debt. Led by Daniel Gundersen of Kingsway Financial Services, the activist group decried the company’s entrance into a new loan agreement in March, arguing it carried with it a list of overly restrictive covenants and that its interest rate is “expensive and onerous.”The four-year term loan for $87 million......
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