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wyser-pratte

April 29, 2010

Guy Wyser-Pratte, the activist investor attempting to secure key changes to the governance structure of family-controlled Lagardère, failed to win the necessary support to pass his proposals at the company’s general meeting on Tuesday.

Guy Wyser-Pratte, the activist investor attempting to secure key changes to the governance structure of family-controlled Lagardère, failed to win the necessary support to pass his proposals at the company's general meeting on Tuesday.
 
Wyser-Pratte's attempt to gain a seat on the supervisory board was rejected in the shareholder vote by 78%, while his proposals to change the share structure of the France-based media company were also rejected by 76%.
 

April 16, 2010

Arnaud Lagardere, second-generation head of the family-controlled media group Lagardere SCA, has defended his strategy and commitment to the France-based company following criticism from activist investor Guy Wyser-Pratte.

Arnaud Lagardere (pictured), second-generation head of the family-controlled media group Lagardere SCA, has defended his strategy and commitment to the France-based company following criticism from activist investor Guy Wyser-Pratte.

Wyser-Pratte is the owner of New York-based Wyser-Pratte Management Co, an active investing fund focused on undervalued European equities. He has released a series of statements attempting to rally support for his appointment to the Lagardere board.

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