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Pep Boys avoids proxy fight with GAMCO
2015-06-12 23:05:59| Auto Parts - Topix.net
Pep Boys Manny, Moe & Jack has avoided a proxy fight with its largest shareholder, GAMCO Asset Management Inc., by agreeing to nominate three directors recommended by GAMCO to be voted on at Pep Boys' annual meeting July 10. Rye, N.Y.-based GAMCO, which owns 18.9 percent of Pep Boys' stock, originally had proposed nominating a slate of four candidates, telling shareholders it was doing so because it had "little confidence that [Pep Boys'] board, as currently composed, is committed to taking the necessary steps to enhance shareholder value." GAMCO said it believes its nominees "will bring significant and relevant experience, new insight and fresh perspectives to the board."
Pep Boys avoids fight with biggest shareholder
2015-06-11 20:17:00| Auto Parts - Topix.net
The largest shareholder of Pep Boys Manny, Moe & Jack has won a fight to add three members to the company's board of directors following a months-long, back-and-forth contest between the two parties. The settlement avoids competing slates of board candidates at Pep Boys' annual shareholder meeting in July.
Tags: boys
fight
biggest
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Real estate agent avoids punishment over termite house
2015-04-14 11:46:23| Real Estate - Topix.net
The agent said that he and his family had suffered significant stress due to the media interest in the case File photo / NZ Herald A real estate agent who sold a house infested with termites to first-home buyers has escaped punishment for unsatisfactory conduct related to the sale of the house. Wayne Heron sold a Te Aroha home to Tobi Lawton and Sarah Lee, who were buying their first home in December 2013.
Carlton County, Minn., Landfill Worker Avoids Jail, Will Pay $1M in Restitution for Theft
2015-03-22 23:49:00| Waste Age
<a href="http://www.duluthnewstribune.com/">Duluth News Tribune</a> County officials and prosecutors say they believe the former transfer station clerk's heist was in the seven-figure range. Wappes herself believes it to be closer to $80,000, an attorney said Friday. In any event, a $1 million check soon will be written to Carlton County. read more
Pantograph Condition Monitoring System (PCMS) Avoids Catastrophe
2015-03-16 13:51:00| Railway Technology
The Pantograph Condition Monitoring System at Thornleigh has avoided a potential overhead teardown during rush hour.
Tags: system
condition
monitoring
avoids
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