BAT Shareholders Vote Approval: Shareholders of BAT...
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BAT Shareholders Vote Approval: Shareholders of BAT Industries voted overwhelmingly to approve the company’s restructuring plan, designed to rebuff a $20.8-billion (13-billion pound) takeover bid by financier Sir James Goldsmith. At a special meeting, 560 million shares were voted for the proposals and only 160,000 against, BAT Chairman Patrick Sheehy said. Only one shareholder in the hall opposed the resolution.
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