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“Corporation: an ingenius device...”

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“Corporation: An ingenious device for obtaining profit without individual responsibility”--Ambrose Bierce, American journalist and author of the Devil’s Dictionary It’s one of those quotes that resurfaces to your memory when you are scanning through...

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Thursday, 29 July 2010 13:29    PDF Print E-mail
Lloyds shareholders get legal
Eric Daniels Eric Daniels
Some institutional shareholders were less than enthusiastic about the takeover. For instance, the £600m City of London Investment Trust wrote to Lloyds TSB following the announcement of the takeover but prior to the shareholder vote, stating it thought the merger was not a wise move.
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