Word: petitioner
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Dates: during 1980-1989
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In the past two decades, Victor Posner, 66, the Miami Beach financier, has corralled major stakes in more than 40 companies, including control of Atlanta-based Royal Crown, the soft-drink maker, and a 37% interest in Chicago's National Can. Last week, though, key parts of Posner's billion...
But a certain variety of proxy vote--known as a shareholder petition--can give concerned stockholders an opportunity to press for change in company policy for ethical reasons. Among questions which shareholders have had added to company proxies in recent years are proposals to ban work on nuclear arms, stop...
South African operations: not available from company. A similar shareholder petition was decisively rejected about five years ago, according to a spokesman.
South African operations: According to spokesman Bill Kestlen, U.S. Steel holds a minority equity interest in three small South African companies: Prieska Copper Mines, Feralloys, and Associated Manganese Minds of South Africa Ltd. The total number of employees of those companies is less than 100,000, Kestlen said, and U.S...
Twenty percent of Cambridge's landowners, including Harvard and MIT, signed a petition in opposition to the so-called linkage proposals, which eventually brought about the measure's defeat.