Soon - Shiong's best shot at
winning shareholder approval for a buyout bid would have included a proxy battle, offering up his own slate of directors at Tronc's annual meeting next month.
And unlike most corporate mergers, it's not a certainty that the deal will
win shareholder approval, especially at Tesla.
Not exact matches
TPG Telecom has lifted its stake in Amcom Telecommunications to 19.9 per cent, making it harder for Amcom to
win approval at next week's
shareholder meeting for its planned merger with Vocus Communications.
Noble has
won the backing of its senior creditors, but also needs
approval from a majority of its
shareholders at a special general meeting, for which a date has not been announced.
The deal must still
win the
approval of a majority of Murray Goulburn
shareholders and Australia's Foreign Investment Review Board.
Steel
won shareholders» written
approval to kick Messrs. Sundaresh and Loarie off the board last fall.