Public Relations

Sun gets support of RMG in battle against Taro

Sun Pharmaceutical Industries’ attempts to take over Israeli drug major Taro Pharmaceutical is gaining more support from independent advisory firms. RiskMetrics Group’s ISS Governance Services (RMG), an independent proxy advisory firm, has recommended that shareholders of Taro Pharmaceutical Industries vote against all the proposals made by Taro’s board of directors, including all of its nominees for election and re-election as directors in the upcoming Annual General Meeting (AGM) scheduled for December 31, Sun Pharma said in a press release. - More support for Sun Pharma in Taro takeover battle - Vote them out: Sun Pharma tells Taro shareholders - Sun Pharma gets boost in Taro battle - Taro tells shareholders to keep Sun at bay - Taro files lawsuit against Sun in US - Sun Pharma gets USFDA nod for generic anti-cancer drug Investment advisories Proxy Governance and Glass, Lewis & Co had earlier also recommended the shareholders of Taro Pharmaceutical Industries to vote against all of the proposals. Proxy advisory firms in the US offers consultancy services on corporate shareholders voting. The Taro management proposes three resolutions to re-elect eight directors, nominate two external directors and grant special privileges for certain of its current and former directors, in the AGM.


Add your comment:
Name:
Site address: http://
Your message:
Enter today\\\\'s date, 2 digits
(spam protection):

Categories
Business Ideas
Business Opportunities
Corporate
Home Business
International Business
Management
Online Business
Public Company
Public Relations
Small Business
News of the day
OIL willing to take over ONGC's Assam oilfields
As the government mulls hiving off Oil and Natural Gas Corp’s (ONGC’s) Assam oilfields, state-owned Oil India Ltd (OIL) has said it is willing to take over the assets and can run the fields more efficiently than the current owner.
Popular Articles
payday loans online

Industry, government begin 'corporate week' awareness
Beginning today, all letters posted by the Institute of Cost and Works Accountants of India (ICWAI) this week will carry a special sticker that ‘celebrates corporate week’ on its envelopes. Similarly, all hoardings that will come up on the premises of ICWAI’s 95 regional councils and chapters across the country will call for the celebration of the country’s first ‘corporate week’.

Infy to reduce sub-contractors, perform work in-house
Infosys plans to reduce the usage of sub-contractors and do its work in-house, especially at cheaper offshore locations, the IT company"s Chief Mentor N R Narayana Murthy said today.

© Copyright 2009