The Globe and Mail reports in its Monday edition that less than 30 minutes after the Ontario Securities Commission issued an order related to the continuing battle between Aimia and its largest shareholder, the fight for control of the loyalty plan provider turned investment holding company resumed. The Globe's Jameson Berkow writes that the OSC's Capital Markets Tribunal released a decision Thursday evening dismissing applications from both Mithaq Canada and Aimia. As a result, Aimia will not have to reverse a recently closed private placement that Mithaq called an abusive defensive tactic intended to entrench Aimia's current leadership and thwart Mithaq's hostile bid to take the company private. While the tribunal has yet to release the reasons for its decision, the order also requires Aimia to immediately withdraw its poison pill which was preventing Mithaq from acquiring more shares of the company. Just 27 minutes after the tribunal order was released, Mithaq announced plans to acquire another 5 per cent of Aimia shares, which would bring its total ownership stake in the company to just shy of 32 per cent. Mithaq, the Saudi Arabian-based private investment company, started 2023 owning less than 13 per cent of Aimia.