A Reuters story notes that corporations are floating proposals making it easier for shareholders to call special meetings in response to similar shareholder-activist proposals: in an interesting political trick, the board proposals create a 25% threshold of shares rather than the 10% being proposed by activists, thus stealing thunder from activists without making it too easy to call a meeting. MI's Proxy Monitor is quoted.
Reuters: making it easier to call special meetings
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| Isaac Gorodetski Project Manager, Center for Legal Policy at the Manhattan Institute igorodetski@manhattan-institute.org |
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| Laura Eyi Press Officer, Manhattan Institute leyi@manhattan-institute.org |



