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NEW YORK For the fourth time in a year, Aegis Group shareholders have rejected a proposal by French investor Vincent Bolloré to gain a pair of seats on the company’s board.
The latest vote on the matter was held today at Aegis’ regularly scheduled annual meeting in London. (Aegis shareholders had already voted down identical proposals just last month, as well as in June and November 2006.)
The results of all four votes were uniform: Each time, more than 90 percent of the shares not controlled by Bolloré were pledged against the resolution to place two of his associates on the board.
Lord
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