shareholder rights plan News

SEC Makes It Easier for Shareholders to Get Votes on Social Issue Proposals

The U.S. Securities and Exchange Commission on Wednesday published new staff guidance that may make it harder for corporations to keep shareholder proposals on matters like workforce diversity or climate from being voted on at annual meetings. The new bulletins …

SEC Toughens Rules on Shareholder Proposals

The U.S. Securities and Exchange Commission (SEC) voted 3-2 on Wednesday to make it tougher for shareholders to push companies on issues such as climate change, social justice and diversity, with Democratic commissioners dissenting against the move. The rule, first …

Endurance Specialty Increases Offer for Aspen by $2 a Share

Endurance Specialty Holdings Ltd. increased its offer to buy Aspen Insurance Holdings Ltd. by $2 a share as it seeks to overcome resistance to its earlier bid. Endurance said it would pay $49.50 per share for the Hamilton, Bermuda-based company, …