In 2017, only 10.85% of S&P 500 companies had classified boards, (48) 1.4% had poison pills in force, (49) 35.74% barred shareholders from calling special meetings
, (50) and 25.11% required that directors be removed only for cause.
While we recognise that postponing the special meetings
is disappointing for the boards and the public, it is important that we complete all the work."
Holders of shares of Leucadia and holders of shares of Jefferies on Monday, January 28, 2013, will be entitled to vote at their respective special meeting
on such proposals.
In that event or in the event a special meeting
is called by the President, Vice President or any four (4) directors, ten (10) days' written notice or waiver of notice by participation in [begin strikethrough]attendance at[end strikethrough] the meeting or in writing shall be required.
Bylaw Change Recommended Regarding Special Meetings
A petition signed by more than 100 voters requesting that the School Committee hold a special meeting
to discuss full-day kindergarten was filed at the town clerk's office Monday.
2) Voting on Amendments at Annual Meeting or Special Meeting
(see Section 3)
For example, a California statute states, "Special meetings
of members for any lawful purpose may be called by the board, the chairman of the board, the president, or such other persons, if any, as are specified in the bylaws.
Medley Capital (MCC), Sierra Income Corporation and Medley Management (MDLY) announced that they have postponed the special meetings
of stockholders relating to MCC's proposed merger with Sierra Income and Sierra's proposed concurrent acquisition of Medley Management.
M2 EQUITYBITES-September 26, 2014-Gyrodyne Company establishes date of annual and special meetings