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Corporate/Company Law
Published July 1, 2009, 1:24 am, Mondaq
On May 20, 2009, a divided Securities and Exchange Commission (the "SEC") proposed changes to the federal proxy rules to permit shareholders to include their director nominations in a public company's proxy statement under certain conditions. 1 The proposal was approved by a 3-2 vote along party lines.
Shamrock Activist Value Fund to Seek Three Seats on the Texas Industries, Inc. Board of Directors
Published June 29, 2009, 12:30 pm, Business Wire via Yahoo! Finance
BURBANK, Calif.----The Shamrock Activist Value Fund, L.P. today sent the following letter to Texas Industries, Inc. submitting notice to the company of its intent to nominate three candidates for election to its Board of Directors at Texas Industries' 2009 Annual Meeting of Shareholders:
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