Exxon pursues lawsuit despite activist investor climb-down ...Middle East

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Exxon pursues lawsuit despite activist investor climb-down
source : Devdiscourse ( Middle East ) () 93
Exxon Mobil said Friday it will continue to pursue a lawsuit against two activist investors even after they withdrew a shareholder proposal on climate change, setting up a clash over what constitutes legitimate debate between a public company and its owners. Exxon had taken the rare step in January of filing the lawsuit to block the shareholder measure from being voted on at its annual meeting.

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