Entries tagged "Glass Lewis"
Could the Bank of America Corp. and Merrill Lynch & Co. deal be renegotiated? Proxy firms RiskMetrics Group Inc. and Glass, Lewis & Co. LLC have yet to make recommendations for the final vote on BofA's $50 billion in stock buyout of Merrill Lynch, which shareholders are set to approve on Dec. 5. ...
Proxy advisory firm Glass, Lewis & Co. LLC's recommendation Monday on Morgan Stanley is a mixed bag for an activist labor union-backed fund. CtW Investment Group, an organization that advises pensions for unions belonging to the Change to Win labor group, on March 12 had launched a "just vote no" campaign, calling on investors to vote against Morgan Stanley chief executive John Mack (pictured left) from his role as chairman of the brokerage firm. They also wanted to see investors vote against two other directors, Robert Kidder and Howard Davies, at the company's scheduled April 8 annual meeting. ...
