1. In Bow to Investors, Tenet Lets Majority Shareholders Convene Meetings

    In Bow to Investors, Tenet Lets Majority Shareholders Convene Meetings

    ... to give shareholders more control over how they operate, said Jefferies & Co. healthcare analyst Brian Tanquilut. Activist shareholders have cropped up demanding more of a say in company decisions, many of them acting on advice from proxy consulting firms that specialize in corporate governance .

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    1. These amendments are consistent with the Company's commitment to strong governance, and provide a clear process for shareholders to decide on company matters that are important to all shareholders.
    2. Outside of the annual shareholder meeting, if the CEO or the chairman of the board is entrenched and they don't want to enact change or listen to what shareholders are requesting, they can drag their feet and sit on the issue.
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