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Stock Market & Financial Investment News

News Breaks
May 12, 2014
07:07 EDTVVTVValueVision urges holders to vote against nominees, proposals of Clinton Group
ValueVision Media mailed a letter to its shareholders regarding the slate of nominees and proposals to be put forth by Clinton Group and its affiliates at ValueVision's 2014 Annual Meeting of Shareholders. Clinton is seeking to take control of the ValueVision board. Rather than paying for control by acquiring additional shares, Clinton has actually reduced its beneficial ownership in ValueVision shares by almost 40% during the course of its campaign. The board urges holders to vote the WHITE proxy card to elect the company's nominees.
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