other
confidence high
sentiment neutral
materiality 0.20
Shenandoah Telecom amends bylaws to comply with universal proxy rules under Rule 14a-19
SHENANDOAH TELECOMMUNICATIONS CO/VA/
- Bylaws prohibit proxy solicitations for non-board nominees unless compliant with Rule 14a-19.
- Company may disregard proxies/votes for director nominees if the shareholder fails to meet Rule 14a-19 requirements.
- Soliciting shareholders must use a non-white proxy card and provide reasonable evidence of compliance upon request.