TOKYO -- Dalton Investments will launch a proxy contest to gain support for its chosen board candidates at Japan's Fuji Media Holdings, the U.S. fund's chief investment officer said Friday.
Media & Entertainment
US fund Dalton to start proxy fight over Fuji Media board, CIO says
Activist investor reaches out to other shareholders to rally support ahead of general meeting
James Rosenwald, co-founder and chief investment officer of Dalton Investments, says Fuji Media can do more to improve its corporate governance. (Photo by Kenta Shinozaki)
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