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    AOL urges shareholder approval of its board nominees

    Sat, 06/02/2012 - 21:26 EDT - Yahoo! Business News
    • YahooBizNews

    A woman walks out of AOL offices in New York(Reuters) - AOL Inc, waging a proxy fight with activist hedge fund Starboard Value, said on Saturday its shareholders should approve all eight nominees for its board of directors after an advisory service recommended the approval of only six. In a statement, the Internet and media company lauded a report by Institutional Investor Services calling for the rejection of Starboard's full slate of nominees, but said, "ISS reached the wrong conclusion in failing to recommend that AOL stockholders vote for all eight of the company's highly qualified director nominees. ...

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    • AOL urges shareholder approval of its board nominees

      (Reuters) - AOL Inc, waging a proxy fight with activist hedge fund Starboard Value, said on Saturday its shareh

    • AOL urges shareholder approval of its board nominees

      (Reuters) - AOL Inc, waging a proxy fight with activist hedge fund Starboard Value, said on Saturday its shareholders should approve all eight nominees for its board of directors after an advisory service recommended the approval of only six.

    • AOL urges shareholder approval of its board nominees

      (Reuters) - AOL Inc, waging a proxy fight with activist hedge fund Starboard Value, said on Saturday its shareholders should approve all eight nominees for its board of directors after an advisory service recommended the approval of only six.

    • Agrium wins crucial backing ahead of shareholder vote

      TORONTO — Agrium Inc won another ringing endorsement just ahead of a crucial shareholder vote after influential advisory firm Glass Lewis on Tuesday advised its clients to back all 12 of Agrium’s board nominees over a slate nominated by dissident investor Jana Partners. The recommendation from the well-regarded advisory firm is a big boost for Agrium ahead of a shareholder vote on April 9 and follows similar recommendations from smaller firms like U.S.-based Egan-Jones and UK-based Pensions Investment Research Consultants.

    • AOL urges shareholder approval of its board nominees

      AOL Inc, waging a proxy fight with activist hedge fund Starboard Value, said on Saturday its shareholders should approve all eight nominees for its board of directors after an advisory service recommended ...

    • AOL urges shareholder approval of its board nominees

      AOL Inc, waging a proxy fight with activist hedge fund Starboard Value, said on Saturday its shareholders should approve all eight nominees for its board of directors after an advisory service recommended ...

    • Canada Pension Plan backs Agrium board nominees in Jana battle

      TORONTO — The Canada Pension Plan Investment Board, one of the world’s largest pension funds, said it has voted to support Agrium Inc’s board nominees ahead of a shareholder meeting next week, in a blow to activist investor Jana Partners. The Canadian fertilizer maker and farm products retailer Agrium has been locked in a war of words for months with activist investor Jana Partners LLC, a New York-based hedge fund.

    • Hedge fund proposes revamped Hess board to end proxy fight

      (Reuters) - The activist investor engaged in a proxy battle with H

    • AOL fends off hedge fund challenge to board

      AOL said Thursday that shareholders re-elected all of its board members, rejecting a challenge from a hedge fund seeking a shakeup at the Internet and media group."Today's outcome reaffirms our strong belief that AOL has the right strategy and team to successfully execute on our plan to continue to deliver enhanced value for all stockholders," the company said in a statement.The vote was a setback for the Starboard Value hedge fund, with a large stake in AOL, which sought five seats on the board of directors and has criticized the strategy of the current management.

    • AOL shareholders to weigh course in director vote

      BOSTON (Reuters) - AOL Inc shareholders vote on Thursday on whether to hold course on the one-time Internet giant's strategy to gradually become an ad-driven media destination or to shake up the company in line with an activist investor's demands. Six months into a battle between existing management and Starboard Value, shareholders will decide whether to keep AOL's existing eight-member board of directors or take on up to three Starboard-backed nominees that the hedge fund says will push for better returns for shareholders. ...

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