Two Proxy Advisory Firms Recommend Shareholders Approve ITT/EDO Merger
Two leading independent proxy advisory firms, Institutional Shareholder Services (ISS) and Glass Lewis, have recommended that shareholders of EDO Corporation (NYSE: EDO) vote for the merger with ITT Corporation (NYSE: ITT).
The two advisory firms concluded that the financial terms of the merger were fair to EDO's shareholders.
The two advisory firms concluded that the financial terms of the merger were fair to EDO's shareholders.
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