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  • Monday, February 6, 3:17 PM In a victory for activists, Hewlett-Packard (HPQ) agrees to a step that could give investors more power to oust board members. H-P will allow shareholders to approve proxy access through a bylaw vote at its 2013 annual meeting; investors who own at least 3% of H-P shares for at least three years could nominate up to 20% of directors. Currently, proxies only list company nominated directors.
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