As the world's learning company, we welcome engaged shareholder discussion and will be sharing the resolution with our shareholders, alongside a response from Pearson.
To date, most companies have made these decisions in an ad hoc manner, and until recently overall direct board-shareholder discussions have been relatively unusual, outside of a takeover or other crisis situation.
When directors engage with shareholders, discussions should generally focus on executive compensation and corporate governance topics.
"My affiliates and I expect to engage in meaningful discussions with other Dell shareholders, discussions that we believe will help to facilitate alternatives to the existing transaction with Michael Dell," Mr. Icahn said in a statement on Tuesday.
"My affiliates and I expect to engage in meaningful discussions with other Dell shareholders, discussions that we believe will help to facilitate alternatives to the existing transaction with Michael Dell," he said in the statement.
Re "Why Buybacks Aren't Always Good News" (Fair Game, Nov. 12), which said some stock repurchases could be bad for shareholders: Discussions of stock buybacks often don't mention that they reward disloyal shareholders with cash.
Another individual, also speaking on condition he not be identified, who was briefed on the shareholders' discussions said they had considered the option of taking control of A.I.G. by buying all of its shares.
(See: "TNK Troubles BP's Hayward" ) "We regard this event as a routine procedural matter which is not connected with current shareholders' discussions," insisted TNK-BP on Thursday.
This may indicate that the issues raised during the course of the contest, including those raised by the activist and those arising in shareholder outreach discussions, can in some cases lead the board and management to conclude that responsive steps should be taken, even if the management slate wins.
