Chipotle Mexican Grill Inc, which has been under pressure from activist shareholder Bill Ackman, said on Friday four of its 12 directors would not stand for re-election to the burrito chain's board at its upcoming shareholder meeting.
Google Inc., the world’s largest Internet search engine, settled a lawsuit on the brink of trial over the company’s plan for a stock split that shareholders claimed would unfairly allow the company founders to strengthen their corporate control.
Shareholders of scores of public companies can expect to get some holiday bonuses this year, as many of these firms rush to issue special dividends before a potential 2013 tax hike linked to the fiscal cliff kicks in.
