Vodafone's £1.04bn offer for Cable & Wireless Worldwide has hit a roadblock with CWW's largest shareholder declining to back the bid.
The Treasury, which signed off on the circular to shareholders, declined to comment.
And in 2012, nearly one-third of shareholders declined to back Barclay's pay policy, including a £17m deal for its controversial then chairman Bob Diamond.
Executives at BlackRock, BSkyB's largest shareholder after the News Corporation with a 7.7 percent stake, and other large shareholders declined to comment about the matter, citing company policies not to speak to the news media about their holdings.
Influential proxy advisory service ISS (where I worked from 1986-90), has recommended that shareholders decline to vote for him this year.
The company got a boost last May when Los Angeles-based sports and entertainment giant Anschutz Entertainment Group, owners of the NBA Lakers and NHL Kings, bought a double-digit stake, making it the company's second-largest shareholder (Schaefer declined to give further details).
The departing Olympus president, Shuichi Takayama, who led the shareholders meeting, declined to address Mr. Woodford's dismissal, saying the issue was in pending litigation.
Some of McDonald's biggest shareholders – who declined to comment on the record – told the Guardian they would publicly raise their concerns.
Consob, one of whose jobs is to ensure that investors are provided with meaningful information in offer documents, said that the relevant officials were too busy to respond to The Economist's questions.Just under 1% of La Rinascente's shares remain in the hands of minority shareholders, who declined the opportunity to sell to IFIL and Auchan.
The need to do just this is now confirmed by hard evidence: on average, shareholder value declines 33percentt within a year after a self-inflicted and visible crisis rears its ugly head (Booz & Co .. 4. The quantification of reputation grows exponentially.
