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The SEC's Rule 14a-8 Process Just Became Even More Pointlessly Outre

2015-01-20 19:55:03| Grocery - Topix.net

Yesterday, Broc Romanek posted on SEC Chair Mary Jo White's Friday surprise with respect the no-action letter request submitted by Whole Foods Market, Inc. Readers may recall that in December Whole Foods had obtained the staff's concurrence in excluding a shareholder access proposal submitted by Jim McRitchie. The basis for Whole Foods' exclusion was that it intended to present its own proposal.

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