Summary
NEW YORK - Last year, it was open warfare at a lot of corporations' annual meetings. This year, confrontation is giving way to compromise.
After the 2004 annual meeting season started with a bloody battle between Walt Disney Co. management and some of its shareholders, many companies are reaching out to dissidents to keep more of this spring's meetings from turning ugly. A growing number of shareholder resolutions are being withdrawn in behind-the-scenes negotiations.See the full content of this document
Extract
Compromise Springs Forth From Corporations
The changed attitude reflects executives' desire to avoid embarrassing public showdowns like the proxy fight at Disney's meeting, which ended with CEO Mich...
See the full content of this document
Sponsored links
