Advisory firms split decisions on Ackman

StarTribune.com – Score a big one for Target Corp. provocateur William Ackman.

The activist shareholder got a boost from the business world’s most influential proxy advisory firm on Tuesday, when RiskMetrics Group said that investors should vote for Ackman and one of his dissident nominees on an expanded Target board of directors.

Meanwhile, another proxy-research firm, Glass Lewis, endorsed the Minneapolis-based retailers’ full slate of incumbents.

Read Complete Article

About the HedgeCo News Team

The Hedge Fund News Team stays on top of breaking news in the Hedge Fund industry on an hourly basis. Signup to HedgeCo.Net to recieve Daily or Weekly news updates from our team.
This entry was posted in Syndicated and tagged , , , , , , , , , , . Bookmark the permalink.

Comments are closed.