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Posted AT 8:49 AM EDT on 14/10/04

For activist investors, it's all about who has the power

From Thursday's Globe and Mail

Canadian investors are pushing companies and regulators for reforms to bolster their powers to fight shareholder battles, highlighting weaknesses in Canada's shareholder democracy system.With a growing focus on shareholder activism, investors are also increasing their demands for more powers to protest against unpopular corporate moves or improve weak boards of directors.

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