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05/03/13 | 0:28AM
BellTel Retires Win yet another Battle against VZ

53.2% VZ shareowners vote 'YES' on proxy to allow long-term shareowners to nominate board candidates , A majority of Verizon shareowners approved a Proxy Access proposal (Item #7) that amends the company's bylaws and allows shareholders to nominate a limited number of directors for election to the Board. The proxy, proposed by the Association of BellTel Retirees says shareholders should be able to nominate a candidate for Verizon's board, so long as the shareholder (or a group of shareholders) own 3% of Verizon common stock for a period of 3 years or more. 53.2% of shareowners voted in favor of the measure giving the non-profit retiree association its 10th proxy victory in 15 years.

Anonymous - Verizon H8er ID: 6AF9B2

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