Milbank Discusses Universal Proxy and “Horizontal” Conflicts
Reynolds Holding
MAY 9, 2023
Voting stockholders, in short, deserve to be told in a frank manner whether the nominees are expected to work as part of a balanced board, or are in fact being nominated to unbalance the board and push it hard in a particular direction. Bernstein , 1999 WL 66532, at *5 (Del. 9] 17 C.F.R § 240.14a-1(l) (defining “Solicitation”). [10]
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