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Two Independent Advisory Firms Recommend Denison Shareholders Vote in Favor of Merger
Denison Mines (TSX:DML) announced that two independent proxy advisory firms, Institutional Shareholder Services Inc. and Glass, Lewis & Co. LLC have recommended that shareholders of both Denison and Fission Uranium (TSX:FCU) vote in favor of the planned business combination at their special meetings on October 14.
Denison Mines (TSX:DML) announced that two independent proxy advisory firms, Institutional Shareholder Services Inc. and Glass, Lewis & Co. LLC have recommended that shareholders of both Denison and Fission Uranium (TSX:FCU) vote in favor of the planned business combination at their special meetings on October 14.
As quoted in the press release:
In their respective reports, ISS and Glass Lewis cited the fairness of the transaction and the strategic rationale behind the combination, including the premium implied by the offer to Fission shareholders and the potential for the combined company to attract more investor interest on a larger scale in a bear market.
ISS is the leading provider of corporate governance solutions to the global financial community, covering approximately 38,000 companies in 115 countries, delivering proxy research and vote recommendations on nearly 28,000 companies each year and working closely with clients to execute more than 8.5 million ballots representing four trillion shares.
Glass, Lewis & Co. is a leading independent governance analysis and proxy voting firm with a global client base of 1,200+ clients that collectively manage more than $20 trillion in assets.
Click here to read the full Denison Mines (TSX:DML) press release.
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