Aol Shareholders Re-elect Board, Defeat Activist

BOSTON (Reuters) - AOL Inc shareholders re-elected the company's eight-member board of directors on Thursday, handing a defeat to activist hedge fund Starboard Value, which had sought to unseat three directors.

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    BOSTON (Reuters) — AOL shareholders re-elected the company’s eight-member board on Thursday, handing a defeat to the activist hedge fund Starboard Value, which had sought to unseat three directors. Starboard had aimed to shake up AOL, which is working ...
    08/22/2014 - 8:41 am | View Link
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    gain at least one of the three seats it is seeking on AOL Inc's board during the Internet company's annual shareholder meeting in Boston on Thursday, two top shareholders said. Jeffrey Smith, the founder and CEO of Starboard is one of the nominees up for ...
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