MLGV subsequently purchased all the remaining shares and took MLGL private in 1998, after acquiring more than the 90% of stock necessary to force objecting shareholders out, and MLGL and MLGV amalgamated. The purchase was the subject of an Ontario Securities Commission (OSC) review, due to allegations that MLGV had engaged in insider trading by failing to disclose that broadcast revenue was expected to substantially increase, and a $50 million lawsuit from Bill who claimed that Stavro and others devalued MLGL and withheld information relevant to the value of the company prior to the sale of his stock. Ontario's Office of the Public Trustee, which was charged with representing the charities named by Harold's will as beneficiaries, argued that Stavro had a conflict of interest as both executor of the will and buyer and had not paid market value because there was no public bidding process for the shares. Several minority owners, including Harry Ornest, who held 3.5% of the company, and Jim Devellano also objected to MLGV's attempts to take the company private without an auction. Stavro and his partners in MLGV reached a settlement in 1996 to pay an additional $23.5 million plus interest to the charities as well as $2.5 million to the minority shareholders who had sued, clearing the way for them to become the majority owner of MLGL. They also settled with the OSC in 1999 for $1.6 million, which included a fine and costs. Teachers' invested $44.3 million and TD $9.75 million in the deal.