Battle for the board: United shareholders plan proxy fight
By Poroma Pant Holders of a 7.1 percent stake in United Continental Holdings Inc. – unhappy with the company’s share price – plan to launch a proxy fight to claim six seats on the airline’s board. On Tuesday, United disclosed hedge funds PAR Capital Management Inc. and Altimeter Capital Management L.P. had advised the carrier […]
City Colleges, Chicago Public Schools teachers push for elected boards
By Branden Hampton Faculty at City Colleges of Chicago are banding together with their counterparts in Chicago Public Schools to push for legislation that would bring elected boards to both districts. Both groups want to curb Mayor Rahm Emanuel’s power by ending his ability to hand-pick board members, as well as the chief executive officer […]
