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Share Name | Share Symbol | Market | Type |
---|---|---|---|
Telecom Italia S.P.A. New | NYSE:TI | NYSE | Ordinary Share |
Price Change | % Change | Share Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 5.63 | 0.00 | 01:00:00 |
The ongoing spat between Telecom Italia shareholders Elliott Management and Vivendi continued as Elliott flaunted proxy adviser ISS' recommendation to vote against Vivendi's proposals in a statement. ISS backed Elliott by saying it believes Vivendi hasn't made a compelling case to overhaul Telecom Italia's board. Vivendi said Friday it is "extremely concerned" by a report from Telecom Italia's auditors that it says confirms the existence of serious irregularities related to the governance of the company and its board of directors. The comments come ahead of a March 29 meeting at which Telecom Italia shareholders will vote on a proposal to remove five board members backed by Elliott. (patrick.thomas@wsj.com ; (@PatThomas1318)
(END) Dow Jones Newswires
March 11, 2019 18:52 ET (22:52 GMT)
Copyright (c) 2019 Dow Jones & Company, Inc.
1 Year Telecom Italia Chart |
1 Month Telecom Italia Chart |
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