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    1. Campbell Soup Offers to Add Two Third Point Nominees to Board

      Campbell Soup Offers to Add Two Third Point Nominees to Board

      (Reuters) - Campbell Soup Co, which is in the midst of a proxy battle with Third Point LLC, said on Friday it offered to add two of the hedge fund's nominees to its board, after a similar proposal was rejected by the activist investor. The soup maker had proposed adding Kurt Schmidt and Sarah Hofstetter from the hedge fund's slate to the board following its annual meeting...

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    2. Campbell Soup CEO Sees No Room for Concessions to Third Point

      Campbell Soup CEO Sees No Room for Concessions to Third Point

      (Reuters) - Campbell Soup Co interim Chief Executive Keith McLoughlin does not believe that there are any concessions to be made in an ongoing proxy fight with hedge fund Third Point LLC, he told Reuters on Thursday. Third Point seems only open to taking over Campbell's board and has not expressed interest in anything less, McLoughlin said in a telephone interview...

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      Mentions: Campbell Soup
    3. BlackRock Voted to Replace Tesla's Musk with Independent Chairman

      BlackRock Voted to Replace Tesla's Musk with Independent Chairman

      (Reuters) - Funds run by BlackRock Inc voted in favor of a recent shareholder proposal that would have required Tesla Inc to replace Elon Musk with an independent chairman. BlackRock-managed funds voted for a measure requiring the chairman be an independent director, according to BlackRock's filing with the U.S. Securities and Exchange Commission on Thursday...

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    4. Goldman Sachs Vote Backs Pay, Shows Less Support for Stock Plan

      Goldman Sachs Vote Backs Pay, Shows Less Support for Stock Plan

      JERSEY CITY, New Jersey, May 2 (Reuters) - Goldman Sachs Group Inc leaders said more than 87 percent of shares were voted in favor of its executive pay at its annual shareholder meeting, and that a stock plan for employees was approved by more than 65 percent of votes cast. Goldman Sachs leaders gave the preliminary vote tallies at the meeting held in New Jersey on Wednesday...

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    5. Israel's Bezeq Board to Hold Special Meeting on Sunday

      Israel's Bezeq Board to Hold Special Meeting on Sunday

      (Reuters) - Bezeq Israel Telecom's board will hold a special meeting on Sunday, a source close to the company said, while Israeli media reported that Chief Executive Stella Handler, who is in police custody, could be replaced at least temporarily. The source said the board would meet but could not confirm whether Handler would be replaced...

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    6. Thyssenkrupp Shareholder Criticises CEO, Demands Restructuring

      Thyssenkrupp Shareholder Criticises CEO, Demands Restructuring

      Thyssenkrupp shareholder criticises CEO, demands restructuring * Activist investor hits out ahead of AGM * Cevian controls 18 percent of German industrial group * CEO expected to defend record - Spiegel cites sources (Adds detail from Spiegel article) FRANKFURT, Jan 13 (Reuters) - A major shareholder in Thyssenkrupp has criticised Chief Executive Heinrich Hiesinger for failing to achieve his own profit targets, raising tensions before the German industry group's annual meeting next Friday...

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    7. Nestle Sells Off Tea Brands in North America

      Nestle Sells Off Tea Brands in North America

      (Reuters) - Nestle has sold its sold two of its tea brands in North America as the world's biggest food maker presses ahead with reshaping its business to focus on new consumer trends and healthcare. Private equity firm Fireman Capital Partners said on Monday it has linked up with Dunn's River Brands to buy the Sweet Leaf Tea and Tradewinds businesses from Nestle North America...

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      Mentions: Nestle
    8. Rent-A-Center Lays out Turnaround Plan, Defies Call for Sale

      Rent-A-Center Lays out Turnaround Plan, Defies Call for Sale

      Rent-A-Center lays out turnaround plan, defies call for sale * Activist investor Engaged Capital calls plan "high-risk" * Company plans to hike prices, boost e-commerce offerings * Expects 2018 EPS of $1.20-$1.40 vs. estimates of $0.99 * Shares up 6.5 pct, had gained 14 pct since calls for sale (Adds Engaged Capital's response, details; updates shares) Rent-to-own furniture retailer Rent-A-Center Inc said on Monday that it would not sell itself and instead outlined steps to improve profitability, choosing to move ahead with what activist investor Engaged Capital called a "high-risk path". The company said the steps, such as ...

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