{"id":58872,"date":"2017-07-10T00:29:13","date_gmt":"2017-07-10T04:29:13","guid":{"rendered":"http:\/\/www.hedgeco.net\/news\/?p=58872"},"modified":"2017-07-10T00:29:13","modified_gmt":"2017-07-10T04:29:13","slug":"elliott-advisors-makes-fresh-legal-move-against-akzo-nobels-chairman","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/07\/2017\/elliott-advisors-makes-fresh-legal-move-against-akzo-nobels-chairman.html","title":{"rendered":"Elliott Advisors Makes Fresh Legal Move Against Akzo Nobel&#8217;s Chairman"},"content":{"rendered":"<p>(Reuters) Hedge fund Elliott Advisors said on Friday it has filed a second lawsuit seeking a general meeting of Akzo Nobel shareholders to vote on dismissing Chairman Antony Burgmans over his handling of a 26.3 billion-euro ($30 billion) takeover proposal from U.S. group PPG Industries.<\/p>\n<p>In a preliminary ruling in May Amsterdam&#8217;s Enterprise Chamber rejected a request from shareholders representing 18 percent of Akzo&#8217;s shares to call an extraordinary meeting to discuss Burgmans&#8217; dismissal, saying it was an attempt to control the company&#8217;s strategic direction.. That case is continuing.<\/p>\n<p><a href=\"http:\/\/www.reuters.com\/article\/us-akzo-nobel-shareholders-activism-idUSKBN19S0Y9\">To read this article:<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(Reuters) Hedge fund Elliott Advisors said on Friday it has filed a second lawsuit seeking a general meeting of Akzo Nobel shareholders to vote on dismissing Chairman Antony Burgmans over his handling of a 26.3 billion-euro ($30 billion) takeover proposal [&hellip;]<\/p>\n","protected":false},"author":4,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-58872","post","type-post","status-publish","format-standard","hentry","category-syndicated"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/58872","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/comments?post=58872"}],"version-history":[{"count":1,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/58872\/revisions"}],"predecessor-version":[{"id":58873,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/58872\/revisions\/58873"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=58872"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=58872"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=58872"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}