Crown Castle founder turned activist handed strong defeat at shareholder meeting [CNBC]
Crown Castle Inc. (CCI)
Last crown castle inc. earnings: 4/29 04:15 pm
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Source: CNBC
Wednesday, ending a closely watched, litigious process that pitted Miller against activist juggernaut Elliott Miller had put forward four candidates, including himself, for election. He had left Crown Castle more than 20 years ago, but argued that his candidates, which included his son-in-law, possessed strategic insight that Crown Castle's 12 incumbent directors, including Elliott portfolio manager Jason Genrich, lacked. Shareholders rejected that argument, as well as his claims of poor governance. All 12 of the company's nominees, including Genrich, were elected to the $44 billion company's board. The preliminary vote count showed that none of Miller's candidates garnered more than 10% of the shares voted, according to people familiar with the matter. The count is preliminary and while the vast majority of shares voted have come in, a small number of votes remain to be counted, the people said. Lawrence Elbaum, co-head of Vinson & Elkins' shareholder activism defense practic
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CCI
News
- Crown Castle Inc. (NYSE: CCI) had its "outperform" rating re-affirmed by analysts at Raymond James. They now have a $126.00 price target on the stock, up previously from $124.00.MarketBeat
- Crown Castle (CCI) Plans Operational Changes, Revises '24 View [Yahoo! Finance]Yahoo! Finance
- Crown Castle cuts annual profit forecast, reduces workforce amid fiber business review [Yahoo! Finance]Yahoo! Finance
- Crown Castle ups AFFO outlook, reduces staffing levels [Seeking Alpha]Seeking Alpha
- Crown Castle Implements Operational Changes and Updates Outlook for Full Year 2024 [Yahoo! Finance]Yahoo! Finance
CCI
Earnings
- 4/17/24 - Beat
CCI
Sec Filings
- 6/11/24 - Form 8-K
- 6/3/24 - Form 4
- 5/30/24 - Form 8-K/A
- CCI's page on the SEC website