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Stock impact report

Delaware Court of Chancery Grants Expedition and Discovery in Hearing on Company's Last-Minute Expansion of Board

Crown Castle Inc. (CCI) 
Last crown castle inc. earnings: 4/29 04:15 pm Check Earnings Report
US:NYSE Investor Relations: investor.crowncastle.com
Company Research Source: PR Newswire
This is the Second Time the Board's Actions Have Presented a "Colorable Claim" Under Delaware Law Crown Castle's Board of Directors Have ShownBlatant and Cynical Disregard for Shareholders and the Delaware CourtActions Highlight Years of Governance and Strategic Blunders That Have Cost Shareholders Tens of Billions of Dollars in Value Court of Chancery Grants Discovery to Boots Capital Management to Investigate Whether Crown Castle Had "Legitimate Corporate Purpose" to Expand Board from 12 to 13 SeatsCourt of Chancery to Hold Hearing in Early May to Assess Potential Shareholder Remedies, Including Potential Delay of Annual Meeting to Permit Adding 5th Nominee to Boots Capital Management 4-Person SlateCourt of Chancery Had Requested on March 8 That Crown Castle Give Prior Notice to Boots Capital Management of Major Corporate Developments,1 An Instruction That, in Boots Capital Management's View, The Board Ignored When It Expanded the Board From 12 to 13Ted B. Miller and Nominees of Boo Show less Read more
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