Manufacturing Industry
Proxy Governance has backed dissenting Target investors, led by activist investor Bill Ackman.(FINANCIAL NEWS)
Cosmetics International, May, 2009
Proxy Governance has backed dissenting Target investors, led by activist investor Bill Ackman. Proxy has recommended that its clients vote for two of the five nominees supported by Ackman's Pershing Square funds as well as voting against Target's proposal to reduce its board from 13 to 12 members. Target's shareholders will hold a vote at the end of the month.
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