Securities Law Prof Blog

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

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Thursday, April 26, 2007

Proxy Advisers' Different Views on Icahn's Motorola Proxy Contest

Carl Icahn, who has brought 2.9% of Motorola stock since January, is waging a proxy contest to elect one seat on the board at the May 13 shareholders meeting.  Yesterday proxy advisor ISS gave its support to Icahn, while rival Glass Lewis sided with management.  See NYTimes, Divided Opinions in Motorola Fight;   WSJ, Proxy Firm Backs Icahn To Join Motorola Board.

http://lawprofessors.typepad.com/securities/2007/04/proxy_advisers_.html

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