special meeting of shareholders

One leading investor demanded a special meeting of shareholders.

The bitterness set in a little more than a week after the two companies seemed close to reaching a negotiated settlement following a special meeting of shareholders.

"They can call a special meeting of shareholders," he said, "and, usually, by a two-thirds vote, they can declare the tenant undesirable."

In a separate development, a spokesman for Cleveland-Cliffs said that the natural resources company would set a date Friday for a special meeting of shareholders.

Stock transfer agents also run annual meetings as inspector of elections, proxy voting, and special meetings of shareholders.

The sale was agreed upon at a special meeting of shareholders on March 1 and disclosed in Brussels yesterday after a regular meeting of shareholders.

The suit, filed last week, seeks the reinstatement of July 10 as the record date for a special meeting of shareholders, which Todd canceled on Thursday.

Banknorth shareholders approved the transaction at a special meeting of shareholders on February 18, 2005, and final approval was announced on March 1, 2005.

The judge did rule in Simon Property's favor on one point: Taubman Centers cannot block Simon from calling a special meeting of shareholders.

Under the terms of the plan, the remaining common shares will be exchanged for $78 in cash and newly issued preferred stock, pending stockholder approval at a special meeting of shareholders on Nov. 5.

Morrow & Company, the Wall Street proxy solicitor hired by A.T.& T. to handle the special meeting of shareholders called to deal with the takover bid, was paid $1.7 million.

A special meeting of shareholders was adjourned, and the powers of the Board of Directors were suspended pending receipt of a report into the financial affairs of the company and its prospects.

The arrangement was approved on September 21, 2007 at a Special Meeting of shareholders by more than 97% of the votes cast by holders of common and preferred shares, voting as a single class.

Mr. Bolger, who controls more than 5 percent of Cliffs stock, has forced a special meeting of shareholders for Dec. 15 to propose that Cliffs' board be replaced by one he has named.

LEAD: An article in Business Day yesterday about the Norton Company's rejection of a buyout offer from BTR P.L.C. misstated the date for a special meeting of shareholders.

Such a vote, Ms. Kosmark said, must be taken at a special meeting of shareholders or at the annual meeting, provided that notice of the vote was provided to shareholders in the notice of meeting.

And on Wednesday, the Rhode Island Legislature passed, and Gov. Lincoln Almon signed, a bill that deleted a provision in state law allowing owners of 10 percent or more of a company's stock to call a special meeting of shareholders.

The proposed all-stock buyout of four big phone companies that Telefonica already controls in Brazil, Argentina and Peru was announced last month, but the special meeting of shareholders today gave the approval to issue the 922 million new shares needed to complete the deal.

Details of the bonus scheme for the station's senior management emerged yesterday at a special meeting of shareholders called to approve the departure of Mr Arthur Price, former head of MTM, TVS's loss-making US production arm which it bought 18 months ago for £190million.

The American Telephone and Telegraph Company said yesterday that it had delivered to the NCR Corporation written requests on behalf of shareholders controlling more than 33 million shares, or 51 percent of NCR stock, asking NCR management to call a special meeting of shareholders.

Business Corporation Law section 603 provides that if a corporation (including a co-op) has not held an election of directors for at least 13 months, shareholders owning only 10 percent of the shares of the corporation can themselves call a special meeting of shareholders for the sole purpose of electing new directors of the corporation.

In April 2005, it announced Special Meeting of Shareholders to approve a Plan of Arrangement to begin and proceed with its liquidation, including the implementation of a claims process and the distribution of net cash to shareholders, cancel its common shares and proceed with its final distribution and be dissolved.