TITLE

Wegener Averts A Proxy Confrontation

AUTHOR(S)
Farrell, Mike
PUB. DATE
October 2006
SOURCE
Multichannel News;10/9/2006, Vol. 27 Issue 40, p33
SOURCE TYPE
Periodical
DOC. TYPE
Article
ABSTRACT
The article reports that Wegener Corp. managed to avoid a proxy encounter with David Wright, company's major stockholder, in the U.S. According to the author, both parties has agreed to settle their issue which provides a temporary cease fire from their conflict and Wright's filing of legal suit is also postponed. According to Wegener treasurer and chief financial officer C. Troy Woodbury, the issue is over and expects that the situation will never occur because of their new board of directors.
ACCESSION #
24975219

 

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