Wednesday, November 9, 2016

Aspen Shareholders need to Reject endurance Plan



Aspen insurance Holdings Ltd. investors have to reject plans from adversarial bidder staying power area of expertise Holdings Ltd. to expand their company’s board, proxy adviser Glass Lewis & Co. stated in a record.
“patience has didn't make a compelling case for Aspen shareholders to help the proposed authorizations” to shake up the board, Glass Lewis wrote. It stated the “cost and distraction” of maintaining a unique meeting. Glass Lewis said it isn’t commenting at the merits of the takeover.

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