Securities Law Prof Blog

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

Saturday, October 6, 2007

Pension Plan Acquires Glass Lewis

Xinhua Finance sold proxy advisory firm Glass Lewis to the Ontario (Canada) Teachers' Pension Plan for $46 million.  Xinhua acquired Glass Lewis just last year for $45 million, a move that caused two Glass Lewis executives to resign.  WSJ, Glass Lewis: New Owner, Conflict?

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