Proxy advisors oppose SoftwareOne's proposed complete board replacement by founding shareholders.

All proxy advisors, including ISS, Ethos, Glass Lewis, and Inrate, oppose the complete replacement of SoftwareOne Holding's board of directors as proposed by the company's founding shareholders. This comes after SoftwareOne rejected a $3.32bn offer from Bain last year. Proxy advisors believe that supporting a balanced board composition would be in the best interests of all stakeholders.

April 05, 2024
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