Crown Castle founder-turned-activist handed strong defeat at shareholder meeting
Publishing timestamp: 2024-05-22 16:31:53
Summary
Crown Castle co-founder Ted Miller's bid to secure four board seats, including one for himself and his son-in-law, was rejected by shareholders. His campaign against activist Elliott Management failed, with all 12 of the company's nominees being elected to the board. Miller's efforts to change the board and business were seen as a losing proposition.
Sentiment: NEGATIVE
Tickers: CCI,
Keywords: technology, breaking news: technology, breaking news, crown castle inc, business news,
Source: https://www.cnbc.com/2024/05/22/crown-castle-cci-activist-elliott-boots-capital.html