Sentences with phrase «largest voting shareholder»

Michael Cuggino, president and portfolio manager at San Francisco - based Permanent Portfolio of Family Of Funds, which is the fifth largest voting shareholder in Viacom and CBS, applauded Dauman's appointment, and was willing to give him time to improve the company's performance.

«That was an opportunistic move, a very clever tactic,» said Mario Gabelli, whose Gabelli funds make up the second - largest voting shareholder of Viacom and CBS, behind the Redstones.

After Herzer's lawsuit, value investor Mario Gabelli, the second - largest voting shareholder in Viacom, called for the media company to disclose the state of Redstone's mental competence.

Not exact matches

Programmed Maintenance Services» $ 424 million takeover of its larger competitor Skilled Group is a step closer to fruition, after Skilled shareholders voted in favour of the scheme of arrangement today.

But the only shareholders who can collect the rest of the money that the court deemed their shares were worth are those who voted against the deal, and Magnetar is the largest of just a few investors who did, according to The Wall Street Journal.

Wellad's third - largest shareholder says it plans to vote against the live cattle exporter's remuneration report and has asked shareholders to back the appointment of one of its representatives to the board.

Tap Oil shareholders have lodged a big protest vote, with more than 35 per cent of votes cast against three resolutions at today's annual meeting, with dissident shareholder Chatchai Yenbamroong accounting for a large share of the opposition.

Over the next week, the board will encourage the apparently large number of shareholders that had not cast votes to support the deal, said mergers expert Brian Quinn, an associate professor at Boston College Law School.

Warren Buffett's Berkshire Hathaway (BRK.A), Coke's largest shareholder, also criticized the plan, saying in April, it was «excessive,» but abstained from voting on the plan at Coca - Cola's annual meeting in April, citing loyalty to the company.

Kalanick's large holdings of Class B shares, which awarded him 10 - to - 1 voting power, will transform so each shareholder has one vote per share, The New York Times reported.

Marriott International and Starwood Hotels shareholders on Friday voted in favor of a deal that will create the world's largest hotel company.

VANCOUVER — Shareholders of Lululemon Athletica Inc. (Nasdaq: LULU) have re-elected two directors that the company's founder and largest shareholder Chip Wilson voted against in an apparent boardroom backlash, the latest controversy to come to light at the struggling yoga wear retailer.

Yahoo and another large shareholder, SoftBank, agreed to reduce their voting rights to 49.9 percent, even though the two combined still own more than half of Alibaba.

Wynn Resorts — The casino operator's largest shareholder, Elaine Wynn, urged shareholders to vote against the re-election of director John Hagenbuch.

The company's management team usually votes as proxy for a large number of shareholders, because most shareholders, especially if they only own a few shares, do not attend the annual meeting.

The report's prime focus is shareholder votes on these pay packages, particularly the votes of large financial managers, mutual funds, and pension funds.

Furthermore, the rules governing companies listed on the NYSE and incorporated under Delaware law require us to submit certain matters to a vote of shareholders for approval, such as mergers, large share issuances or similar transactions, and the approval of equity - based compensation plans.

If valid, this explanation would suggest that it would be a good idea for any legislation on board leadership to (a) limit any mandate to the largest firms and (b) permit even those firms to «opt out» of the requirement through periodic shareholder votes (e.g., once every five years).

[3] Most followed a middle path, limiting the voting rights of large shareholders.

Two of the largest shareholders, Vanguard and State Street, voted for ADP's nominees, while BlackRock voted for Ackman.

Similar proposals, also called «Aiming for A,» received well over majority support at a handful of European companies where they were submitted in 2015, due in large part to the fact that in each case the board recommended shareholders vote in favor.

On May 3, shareholders of Canada's largest food retailer will be asked to vote on an important issue.

Despite the postponement of the shareholder vote, David Eaton, Vice President of Proxy Research at Glass Lewis, says 11th - hour backing from some large investors shows there is more support for Michael Dell's buyout plan than -LSB-...]

The majority (133) of the 253 Canadian firms making up the S&P / TSX Index (i.e., the largest listed corporations in Canada) have at least one shareholder with 10 % or more of the votes.

When TSLA and SCTY shareholders vote on the proposed merger on November 17, investors need to question whether this merger is just another promise by Musk to distract from larger issues facing both companies.

Until Tuesday, shareholders haven't voted in large enough numbers against Wall Street pay packages to make a difference.

He excused himself from voting, but admitted to lobbying large institutional shareholders for an approval.

RiceBran Technologies (NASDAQ: RIBT and RIBTW)(the «Company»), a global leader in the production and marketing of value added products derived from rice bran, today announced that, based on preliminary noncumulative voting results reported by the independent inspector of elections (the «Inspector») following the Company's 2016 Annual Meeting of Shareholders (the «Annual Meeting»), a large majority of shareholders have voted on the WHITE proxy card for the Company's incumbent Board of Directors (the «BoShareholders (the «Annual Meeting»), a large majority of shareholders have voted on the WHITE proxy card for the Company's incumbent Board of Directors (the «Boshareholders have voted on the WHITE proxy card for the Company's incumbent Board of Directors (the «Board»).

Many large shareholders had pledged to vote against Mr Dudley's pay, but the revolt is much bigger than expected.

The shareholders of Hennessy Cornerstone Large Growth Fund, the Hennessy Cornerstone Value Fund, and the Hennessy Large Value Fund bravely voted to screw themselves by adding 12 (b) 1 fees to their funds, beginning on November 1, 2015.

Bulldog Investors, the representative of the largest group of shareholders of FAV, has agreed to vote the shares of FAV for which it has the power to vote or direct the vote in favor of the proposed transaction subject to applicable law.

The company's management team usually votes as proxy for a large number of shareholders, because most shareholders, especially if they only own a few shares, do not attend the annual meeting.

Henry Tippie serves as Chairman of the Board of Dover Motorsports, as well as controlling Trustee of RMT Trust (Dover's largest shareholder), and in these capacities exercises control over 54.4 % of the combined voting power of the two classes of the Company's common stock.

In the end, an AGAINST vote is a rejection of this no bid / no premium takeover of the company... it doesn't change the fact that shareholders deserve & should / will continue to push for a fairer & more sensible return of capital (ideally at a premium & for a larger amount).

Presumably those shareholders who did not participate in the last 3 shareholder votes will not exercise their rights, allowing those who participate to oversubscribe, become larger owners of GYRO and, if all goes well, provide the necessary 2/3 favorable shareholder vote to remerge the entities and thus provide a path to liquidation within the stipulated timeframe.

In informal discussions with large VaxGen shareholders it was hard to find any one who supported the proposed transaction, yet the Board and Management continued to pursue it, preparing for a proxy vote in February or March 2008.

Although a majority shareholder like the government may be able to get its nominees onto the A.I.G. board without a fight, typically even a large shareholder must conduct an expensive proxy contest to elect its nominees — that is, he needs to solicit enough votes from other shareholders.

In accordance with the decision by the Annual General Meeting, the members of the nominating committee of Paradox Interactive AB (publ) should be appointed by the three shareholders controlling the largest number of votes in Paradox Interactive AB (publ) at September 30, which desire to appoint a representative.

They are the company's largest shareholders and voted against the resolution in 2016, when it gained 38.1 % of votes in favour.

Daly attributed the drop primarily to a decision by Institutional Shareholder Services Inc., whose recommendations effectively dictate the votes of a large swath of institutional shareowners.

In Pulse Data the ASC declined to exercise its public interest jurisdiction to cease trade a shareholder rights plan, primarily because a large majority of the shareholders of the issuer had voted to adopt the plan at a time where the take - over bid was pending with full disclosure of the implications of the shareholder rights plan.

If a company has a hundred million shares outstanding — again not an unduly large number — how can all the shareholders be provided with blockchain tokens to vote by proxy at meetings.

Security Capital U.S. Realty, the largest shareholder of both companies, has agreed to vote its share in favor of the merger.