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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?

October 6, 2007 in News Stories | Permalink

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