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Williams Cos. names activists to board to avoid proxy fight

  • Williams Cos. (WMB) is giving board seats to Carl Icahn protege Keith Meister and activist shareholder Eric Mandelblatt of Soroban Capital Partners to avoid a potential proxy battle.
  • Meister’s Corvex Management is WMB's largest shareholder and with Soroban holds a nearly 10% combined stake; last year, the two investors said they were seeking board seats and called on the company to consider strategic combinations.
Comments (1)
  • Don't trust Icahn and his buddies. Ask the TWA employees how they like him.
    I would vote my measly 3,000 shares against any action these guys are looking for

     

    Glenn
    26 Feb, 06:13 PM Reply Like
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