Proxy Access Week of April 19

Stinson - Corporate & Securities Law Blog
Contact

During the week of April 19, 2015, 8-Ks were filed that disclosed two proxy access proposals passed and four failed.  All required three percent ownership for three years and all were opposed by the company.  Details are as follows (percentages are based on the total of votes cast for and against):

AES Corp.—66% voted for (passed).

American Electric Power—67% voted for (passed).

Arch Coal—64% voted against (failed).

Cabot Oil & Gas–55% voted against (failed).

Domino’s Pizza—54% voted against (failed).

PACCAR Inc.—58% voted against (failed).

DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.

© Stinson - Corporate & Securities Law Blog | Attorney Advertising

Written by:

Stinson - Corporate & Securities Law Blog
Contact
more
less

Stinson - Corporate & Securities Law Blog on:

Reporters on Deadline

"My best business intelligence, in one easy email…"

Your first step to building a free, personalized, morning email brief covering pertinent authors and topics on JD Supra:
*By using the service, you signify your acceptance of JD Supra's Privacy Policy.
Custom Email Digest
- hide
- hide