Securities Law Prof Blog

Editor: Eric C. Chaffee
Univ. of Toledo College of Law

Thursday, April 5, 2007

ISS Recommends No to New York Times Directors

ISS recommends that shareholders of the New York Times withhold their votes for the directors to express their dissatisfaction with the company's dual-stock structure, which places control of the newspaper in the hands of Chairman Arthur Sulzberger Jr. and his family.  ISS says that the company has been too slow in addressing shareholders' concerns.   See WSJ, Proxy Adviser ISS Levels Criticism at New York Times.

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