Crown Castle founder turned activist handed strong defeat at shareholder meeting
CCKCrown Holdings(CCK) cnbc.com·2024-05-23 03:03

Crown Castle founder Ted Miller's bid to secure four board seats at the telecommunications giant was resoundingly rejected by shareholders on Wednesday, ending a closely watched, litigious process that pitted Miller against activist juggernaut Elliott. Miller had put forward four candidates, including himself, for election. He had left Crown Castle more than 20 years ago, but argued that his candidates, which included his son-in-law, possessed strategic insight that Crown Castle's 12 incumbent directors, in ...