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The overall deal includes an amendment to the group's articles that will mean that there is a 20% voting cap for any individual shareholder, designed to safeguard the independence of the company and the editorial independence of the Economist.
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At the heart of his claim has been an agreement between the original Coroin shareholders designed to keep their interest aligned by preventing stakes being sold to outsiders without first being offered to existing investors – a common arrangement known as "pre-emption rights".
The University of California, which prides itself as a leader on social and environmental issues, voted against hundreds of shareholder resolutions designed to promote human rights, environmental sustainability and efforts to fight discrimination, a review of U.C.'s voting record shows.
It wants to use its new shares to pounce on Crédit Lyonnais, France's sixth-biggest bank, which is vulnerable after a shareholder pact designed to protect it from being taken over ended this month.
The one part of the shareholders meeting designed to address the situation -- eight shareholder resolutions [PDF] -gets ignored.
The deal, which was challenged by some of Scientific-Atlanta's shareholders, is designed to put Cisco in prime position to take advantage of an expected surge in demand for digital TV and communications.
State regulators had received no notification of the sale — which was ordinarily a legal requirement — and a tangle of overlapping boards and shareholders seemed designed to obscure the identity of the new owners and where their money originated.
On Monday he unveiled a poison-pill "shareholder rights" plan designed to prevent a hostile takeover.Liberty Media has since tried to calm things down.
The plantation-style villas are owned by a group of British shareholders and were designed by architect Arne Hasselqvist Arne Hasselqvist who has designed homes on the West Indian celebrity haven of Mustique for Princess Margaret Princess Margaret, David Bowie David Bowie, Mick Jagger Mick Jagger and others.
Bill Ruprecht, Sotheby's chief executive, said on Friday that the shareholder rights plan "is designed to protect the interests of all of our shareholders".
"The shareholder rights plan is designed to assure that all of Cracker Barrel's shareholders receive fair and equal treatment in the event of any proposed takeover of the Company and to guard against any attempt to gain control of Cracker Barrel without paying all shareholders a premium for that control," Chief Executive Sandra B. Cochran said in a statement.
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