But for his proposal to be put forward for consideration by Dell shareholders, he must first succeed in having Michael Dell's offer voted down and then win
enough shareholder support to replace the members of Dell's board with his own nominees.
The LSE and TMX realized they wouldn't be able to garner
enough shareholder support, and the acquisition died.
Not exact matches
The
shareholder vote had been scheduled for last week but the special committee postponed it appeared as though Dell's offer didn't have
enough support among
shareholders.
Dell put off
shareholder vote on its founder's $ 24.4 billion buyout offer, after failing to get
enough support to seal the deal.
If Apple doesn't implement his suggestion, he said he will consider a proxy fight if he gets
enough support from other
shareholders.
Aussie Farmers abandoned IPO plans in mid-to-late November after failing to generate
enough interest from investors, who were no doubt spooked by the fact the company had racked up losses of more than $ 52 million pre-tax since 2015 and could only keep trading with the
support of its major
shareholders.
Glanbia had agreed in April to sell its Irish dairy business to its majority
shareholder Glanbia Co-operative Society for about $ 343m but the proposals narrowly failed to garner
enough support from the membership.