Explore stories from Atlantic Canada.
Everything to know about the April 8 eclipse in Atlantic Canada | SaltWire #eclipse #atlanticcanada - All proxy advisors now oppose the complete replacement of Swiss IT firm SoftwareOne Holding's board of directors, the company said in a statement on Friday.
SoftwareOne's founding shareholders, who together hold 29% of the stock, had proposed replacing SoftwareOne's board after it rejected an offer from Bain last year that valued the company at about 3 billion Swiss francs .Proxy advisors provide institutional investors with research and recommendations for shareholders at annual and extraordinary meetings.
Proxy firms Ethos, Glass Lewis and Inrate have since joined ISS in opposing the planned replacement of the board, SoftwareOne said. "The Board of Directors thus sees its position further confirmed, that a balanced board as proposed would be in the best interests of all stakeholders," said SotwareOne Holding.
The board members will all come up for re-election at the company's upcoming shareholder meeting due to be held on April 18.ADVERTISEMENT
Singapore Latest News, Singapore Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
IN PHOTOS: First-ever all-female jiu jitsu tournament in the Maritimes held in Pictou County clubExplore stories from Atlantic Canada.
Read more »
Two Cumberland communities receive provincial funding to support health-care recruitmentExplore stories from Atlantic Canada.
Read more »
Driver takes out power pole, fire hydrant in Hants Border, N.S.Explore stories from Atlantic Canada.
Read more »
HIGH SCHOOL BASKETBALL: Halifax West's Olivia Logan and CPA's Mason Thurber win metro league MVP awardsExplore stories from Atlantic Canada.
Read more »
QMJHL PLAYOFFS: Mooseheads and Titan are familiar foes with an interesting historyExplore stories from Atlantic Canada.
Read more »
ERIN SULLEY: Three fun and easy treats to make for your family this EasterExplore stories from Atlantic Canada.
Read more »