Goldsmith will call a meeting of CZ's holders.

Sir James Goldsmith, the Anglo-French financier who earlier this week boosted his stake in Crown Zellerbach to 42.25%, said in a filing with the Securities and Exchange Commission that he will try to block the forest products company's planned restructuring into three separate entities. Zellerbach, though an attorney, acknowledged that holders with stakes of 40% or more can call special meetings but added "that doesn't mean he could dictate the outcome of the meeting or that the meeting would bind the board of directors."

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