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Public Company Advisory Blog
December 20, 2022

Lessons from the First Universal Proxy Contest

We prepared the following Article on lessons from the first universal proxy contest. In the Article we discuss the following three key takeaways: (1)The Activist Obtained A Board Seat; (2) ISS Recommended for One of the Activist’s Nominees; and (3) The Cost of the Proxy Contest for the Activist Was Not Significantly Reduced.

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