Word: companyã
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...owned by Casella Waste Corporation. KTI, which also processes recycled material for the cities of Boston, Cambridge and Somerville, pays its employees only about $6.75 an hour, does not compensate overtime work and does not provide adequate or affordable health insurance. Numerous employees have raised complaints about the company??s health and safety violations, as well as racial and sexual harassment by supervisors. For example, workers have testified that they are exposed to glass particles and not are not provided with protective clothing. The wages and conditions at KTI violate the laws applied to city contractors by Boston...
...believe that the company??s common shareholders, and not the Taubman family, should decide the future of the company and that the company board should not prevent the company??s common shareholders from receiving $20.00 per share in cash for their shares in the offer,” SPG wrote in its letter...
Because of the terms of the company??s charter, which requires a two-thirds vote for amendment, the 30 percent voting rights allow the family to block takeover attempts like this...
...that letter, SPG said that 85 percent of common shareholders have expressed their willingness to sell their stock, but SPG cannot capitalize because of a provision adhered to by many real estate companies prohibiting a single entity from owning more than ten percent of a company??s shares...
...company??s board, including Allison, has supported the family’s decision not to sell...