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Comcast and AT&T Broadband are unlikely to mollify critics of their $72 billion merger by holding elections for directors 12 months earlier than initially proposed. The Council of Institutional Investors, a Washington, D.C., advocacy group representing pension funds, argues that holding elections early is insufficient because the new board would still be in place for nearly two years before facing shareholders.
April 24, 2002 at 12:00 AM
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The original version of this story was published on Law.Com
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