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Connecticut public-employee pension fund joins effort to pressure Halliburton.
Knight Ridder/Tribune Business News, October, 2004
The Hartford Courant, Conn. Knight Ridder/Tribune Business News
Oct. 29--Four public-employee pension funds that own Halliburton Co. stock -- including the State of Connecticut's -- have jointly filed a proxy resolution that could allow shareholders to nominate two directors for the company's 11-member board.
But analysts said it would be an uphill fight to win passage of the non-binding measure announced by the pension funds Thursday.
Joining the state's pension fund in the proxy effort were funds of the New York City Employees' Retirement System, New York Teachers' Retirement System and the American Federation of State, County and Municipal Employees.
The proxy vote proposed for Halliburton's 2005 annual meeting would have...
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