1. In Historic Shift, Toshiba Board Gains Two Directors From Activist Hedge Funds

    In Historic Shift, Toshiba Board Gains Two Directors From Activist Hedge Funds

    (Reuters) -Toshiba Corp shareholders voted in two board directors from activist hedge fund investors at its annual general meeting on Tuesday - an inclusion that is expected to add momentum to its exploration of potential buyout deals. Nabeel Bhanji, a senior portfolio manager at Elliott Management, and Eijiro Imai, managing director at Farallon Capital Management were elected, as was...

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    1. One of the major issues that we've had as a company is a lack of trust between our large shareholders and management, and this was an attempt to address that.
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