Lear Corporation has avoided a costly and time-consuming proxy fight with two key shareholders by agreeing to accelerate and expand a share buyback programme and to increase its Board size to nine from eight members. Highlighting one drawback of pursuing what could be viewed as an overly-conservative balance sheet, San Francisco-based Subscribe to Automotive World … Continued
Lear Corporation has avoided a costly and time-consuming proxy fight with two key shareholders by agreeing to accelerate and expand a share buyback programme and to increase its Board size to nine from eight members.
Highlighting one drawback of pursuing what could be viewed as an overly-conservative balance sheet, San Francisco-based
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https://www.automotiveworld.com/articles/lear-pacifies-activist-investors-as-peace-breaks-out/
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