BAT Shareholders Vote Approval: Shareholders of BAT...
BAT Shareholders Vote Approval: Shareholders of BAT Industries voted overwhelmingly to approve the company’s restructuring plan, designed to rebuff a $20.8-billion (13-billion pound) takeover bid by financier Sir James Goldsmith. At a special meeting, 560 million shares were voted for the proposals and only 160,000 against, BAT Chairman Patrick Sheehy said. Only one shareholder in the hall opposed the resolution.
Sign up for Essential California
The most important California stories and recommendations in your inbox every morning.
You may occasionally receive promotional content from the Los Angeles Times.
