Sentence examples for shareholders ratify from inspiring English sources

The advisory concern also recommended that shareholders ratify the nomination of Édouard Stern as a board director.

And Riggs National, the biggest bank holding company in Washington, is recommending that shareholders ratify KPMG to replace Andersen at Riggs's annual meeting on April 17.

The Proxy requested that those shareholders ratify the Merger Agreement, waive their appraisal rights, and provide an advisory consent for certain "golden parachute" payments, by executing and delivering a stockholder acknowledgement (the "Stockholder Acknowledgement") by September 28 , 2011

Volkswagen's supervisory and management boards last month recommended that shareholders ratify actions taken by the management board in 2015, because an investigation of the carmaker's emissions scandal, which broke in September, had until then failed to uncover potential wrongdoing by senior managers.

Pattern will still forgive Finavera's C$9.3 million in debt when Finavera's shareholders ratify the agreement at a shareholder meeting to be scheduled before the end of June.

Today, shareholders merely ratify management's choice of the auditor, and typically this receives only cursory attention.

Now Sky shareholders must ratify the deal and tender their shares to Comcast, a process that is expected to be completed next month.

Schack and Hopkins, through their attorney, say that everything Pyne complains about, "be it valuation of assets, fees earned by [their management company] or otherwise, was approved by the full board of directors, fully disclosed to shareholders, and ratified by the shareholders after full disclosure at every annual general meeting".

As it happens, 75 percent is halfway between a simple majority and the standard (under Delaware corporate law) that requires a unanimous shareholder vote to ratify a gift of corporate assets other than for charitable purposes.

On June 1st, all three firms held extraordinary shareholder meetings to ratify Ricardo Salinas Pliego's plans to delist their shares from the New York Stock Exchange.The delisting comes in the wake of an investigation by America's Securities and Exchange Commission SECC) into a debt transaction from which Mr Salinas Pliego allegedly benefited personally to the tune of $109m.

On November 17th a planned shareholder vote to ratify the sale of the Texas-based energy company to Blackstone, a private-equity firm, was postponed until November 23rd following a vigorous "no" campaign by activist investors led by Carl Icahn, a Wall Street billionaire.