However, there was a significant number of private and institutional shareholders.
The company named four new board members, in part to give greater voice to its large institutional shareholders.
He plans to speak this month to 25 more institutional shareholders.
And some large institutional shareholders are beginning to voice concerns about the way the company is run.
It is up to institutional shareholders to make that case.
Institutional shareholders were pleased by the news of the deal.
The institutional shareholders were not certain yesterday what steps, if any, they might take.
The changes came under pressure from big institutional shareholders who hold large stakes in the company.
Both sides are seeking the support of large institutional shareholders.
Others have used their muscle as large institutional shareholders to pressure companies involved in these products or activities.