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Re: BillG2436 post# 45459

Friday, 03/06/2015 6:28:09 PM

Friday, March 06, 2015 6:28:09 PM

Post# of 87250
The biggest problem with the theory (in addition to the points reader3 brought up) is that the shareholders who sell still would have their votes count. See link: http://nationalparalegal.edu/public_documents/courseware_asp_files/businessLaw/RightsOfShareholders/VotingByProxy.asp

I've seen nothing in the DEF14 docs that say selling your shares nullifies your vote. However, "broker non-votes" or those where no vote one way or the other (basically, no vote is placed) are counted as "NO" for both proposals.

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