Skip navigation

McKesson directors re-elected amid CEO pay controversy

SAN FRANCISCO (Reuters) - Shareholders re-elected all of McKesson Corp's <MCK.N> board members on Wednesday, defying the recommendations of influential proxy advisors and investors who protested inflated compensation for top executive John Hammergren. Full story

Vivus says FMC rejects offer to settle proxy fight

(Reuters) - Obesity drug maker Vivus Inc, embroiled in a bitter proxy war with its top shareholder First Manhattan Co, said on Wednesday that FMC had rejected an offer to give the sides equal representation on the board. Full story

Navistar avoids proxy battle by giving Icahn, Rachesky more say

(Reuters) - Navistar International Corp <NAV.N> signed a new deal giving activist investors Carl Icahn and Mark Rachesky one more seat on its board, in a move that staves off a proxy contest and gives management more time to turn around the struggling truck and engine maker. Full story

Vivus says victim of false statements, delays shareholder meet

(Reuters) - U.S. drugmaker Vivus Inc, locked in a proxy battle with top investor First Manhattan Co, said FMC's advisers had made false statements to its shareholders and that it would delay its annual meeting by three days to allow FMC to make corrections. Full story

Some Dell shareholders plan to vote against CEO's buyout

NEW YORK (Reuters) - At least three shareholders who collectively hold nearly 3 percent of Dell Inc's <DELL.O> shares plan to vote against Chief Executive Michael Dell's $24.4 billion buyout offer, raising questions about shareholder proxy adviser Institutional Shareholder Services' sway with Full story

Vivus, activist investor claim support in proxy battle

(Reuters) - Obesity drugmaker Vivus Inc and its top investor, which has been seeking a shakeup of the company's board, both claimed support from proxy advisory firms ahead of a shareholder vote later this month. Full story

Sponsored Links

Articles

Forest Labs to add Icahn rep to board, avert proxy fight

Exclusive: Forest braces for third bout with Icahn

Morgans Hotel says board nominees to consider sale of company

Hedge fund proposes revamped Hess board to end proxy fight

Proxy firms divided on Clearwire-Sprint deal

Column: Are shareholder bonuses incentives or bribes?

Second proxy advisor backs Relational/CalSTRS on Timken split

Clearwire "considering" skipping interest payments

Icahn refuses to drop proxy fight option: WSJ

MetroPCS promotes T-Mobile deal after advisers pan it

Video

  New Twist in JPMorgan Proxy Fight

CNBC's Kayla Tausche reports on a new twist in the JPMorgan proxy story.