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Article: Palo Alto Investors Expresses Concern Over Canadian Superior's Decision to Delay Annual Shareholders' Meeting.
- Article from:
- Business Wire
- Article date:
- May 28, 2009
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Board's Decision Means More Than Six Months Will Pass Since Palo Alto's Requisition of a Shareholders' Meeting to Effect Change
PALO ALTO, Calif. -- Palo Alto Investors, LLC ("Palo Alto") today expressed its disappointment and concern over the decision of the Board of Directors of Canadian Superior Energy Inc. (the "Company" or "Canadian Superior") to further delay the previously scheduled Annual General and Special Meeting of Shareholders (the "Meeting") until September 1, 2009. In response to Palo Alto's requisition of a meeting to vote on a slate of candidates nominated by Palo Alto for election to the Board of Directors, the Meeting had originally been ...