C&W Shareholders Urged to Oppose Lapthorne Return

The HeraldJuly 15, 2009

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Summary


PIRC, the corporate governance watchdog, yesterday recommended that shareholders of Cable & Wireless oppose the re-election of chairman Richard Lapthorne at the tele-com's group's annual meeting later this week.

Cable & Wireless acquired a significant Scottish shareholder base after it took over Thus, the Scottish telecoms group, in 2008.

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Extract


C&W Shareholders Urged to Oppose Lapthorne Return

Pensions Investment Research Consultants also advised investors in Cable & Wireless to reject the firm's...

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