The company has set a December 5 meeting to vote on the takeover, which would require approval from two-thirds of shareholders, and it is unlikely the
dissident shareholders will be able to rally enough support with just three weeks until the meeting.
More from RBR+TVBR:SBS's
Dissident Shareholders Win Time On Foreign Owner Ruling
Dissident shareholders, like those who finance political campaigns, have always paid for things like a candidate's travel expenses incurred during the course of the campaign.
dissident shareholders in the course of proxy contests harken back to
How can a board manage
dissident shareholders, a rogue director or a difficult CEO?
In the U.S., oil companies are the largest targets of resolutions from
dissident shareholders; ExxonMobil and Chevron together have had to put 136 resolutions to their meetings since 2007, each one requiring lawyers and managers to craft a rebuttal.
But if Celtic's board are forced to listen to the demented ramblings of the
dissident shareholders at their AGM next month it'll at least prove one thing beyond all doubt.
London, May 9 ( ANI ): Media mogul Rupert Murdoch is being pressed once again by
dissident shareholders to step down as chairman of News Corporation.
One of the
dissident shareholders, hedge fund manager Daniel Loeb, won a board seat, along with two of his allies, turnaround specialist Harry Wilson and MTV executive Michael Wolf.
Dissident shareholders in Irish Life and Permanent Group Holdings have called for an extraordinary general meeting (EGM) to change the firm's recapitalisation plans.
Milan Panic stepped down as chairman and chief executive in 2002 after losing a proxy fight with
dissident shareholders. He served as prime minister of his native Yugoslavia from 1992 to 1993.