1. BlackRock abstains from Telecom Italia proxy vote

    BlackRock abstains from Telecom Italia proxy vote

    BlackRock on Friday abstained from voting half its shares in a nasty proxy fight involving an Italian phone company — a vote that could have ousted all but one of...

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    1. If Telefonica was not on the board, the issues at Telecom Italia would remain, and a sale of [key] assets … would still be a possibility.
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