<BLOCKQUOTE class="ip-ubbcode-quote"><div class="ip-ubbcode-quote-title">quote:</div><div class="ip-ubbcode-quote-content">If York and Kerkorian don't think management is doing enough to turn the auto maker around, they have until Feb. 6 to file proxy proposals that would be voted on at the shareholders' meeting in June. They could file a shareholders' resolution, asking the board to explore the suggestions. Or Kerkorian could get really feisty and nominate his own slate of board members on a proxy ballot to wield more influence.
"[Kerkorian] has identified his intentions and used the pulpit to suggest them," says Maryann Keller, a longtime auto-industry watcher and consultant. "If management doesn't want to do that, he could stage a proxy fight."
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