Fuji Media Shareholders OK Management's Board Nominees

Tokyo, June 25 (Jiji Press)--Fuji Media Holdings Inc. shareholders approved all 11 director candidates proposed by its management at a general shareholders meeting on Wednesday. Meanwhile, all 12 board candidates put forward by Dalton Investments, a U.S. activist investor holding a 7.5 pct stake in Fuji Media, were rejected. The Japanese media group is poised to push ahead with reforms un...

Fuji Media Shareholders OK Management's Board Nominees
Tokyo, June 25 (Jiji Press)--Fuji Media Holdings Inc. shareholders approved all 11 director candidates proposed by its management at a general shareholders meeting on Wednesday. Meanwhile, all 12 board candidates put forward by Dalton Investments, a U.S. activist investor holding a 7.5 pct stake in Fuji Media, were rejected. The Japanese media group is poised to push ahead with reforms un...