TITLE

BLOCKAGE CLEARING

AUTHOR(S)
Sweeting, Paul
PUB. DATE
May 2005
SOURCE
Daily Variety;5/4/2005, Vol. 287 Issue 24, p4
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article reports that an influential shareholder advisory group has dealt investor Carl Icahn a setback in his quest to take over three seats in the board of directors of Blockbuster Inc. In a regulatory filing, Icahn promised to cooperate with management in setting company strategy if elected to the board. He has also expressed his willingness to support CEO and chairman John Antioco's reinstatement. Icahn's shift may have been prompted by a partial rebuff from Institutional Shareholder Services Inc., a leading adviser to shareholders on corporate governance issues and proxy voting.
ACCESSION #
17024664

 

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