HOLY FIRING SQUAD: Investors Could Gain The Power To Oust HP Board Members (HPQ)

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Feb 04, 2012  Silicon Alley Insider / Julie Bort84 Shares

In a jaw dropping move, HP has agreed to a measure that could give shareholders the power to replace board members, the Wall Street Journal reports. HP plans to give stockholders who own at least 3% of HP shares for at least three years the power to nominate up to 20% of the company’s directors, the company said…

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