Advisor Opposes Icahn for Blockbuster Board
An influential advisory service is recommending that Blockbuster Inc. shareholders vote for two board candidates nominated by Carl Icahn but not for the financier himself.
Institutional Shareholder Services endorsed Icahn allies Strauss Zelnick and Edward Bleier in a report to shareholders of the nation’s leading movie-rental chain. However, ISS said Chief Executive John F. Antioco should stay.
Icahn did not return a call for comment but issued a statement saying he was pleased with the endorsement of Zelnick and Bleier.
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