The Financial Post reports in its Wednesday, Feb. 4, edition that two major shareholders in Canada's GDI Integrated Facility Services say they will reject a take-private bid from Birch Hill Equity Partners Management and the company's top executive. A Bloomberg dispatch to the Post reports that Gestion de Portefeuille Strategique Medici, which holds 15.4 per cent of GDI'S subordinate voting shares, said the offer of $36.60 per share is too low. It is "unfair to shareholders," the firm said. A portfolio manager with Montrusco Bolton Investments told Bloomberg the firm also does not plan to support the current offer. Montrusco holds 13 per cent of the subordinate shares. To pass, the deal needs the support of the majority of votes cast by the holders of subordinate voting stock, excluding those who are planning to roll their stock into the private company. The proposed deal values GDI, a provider of cleaning, sanitation and other services to commercial users, at around $860-million. Toronto-based Birch Hill and Gestion Claude Bigras, a firm controlled by GDI'S chief executive officer, announced the takeover bid in December at a 25-per-cent premium.