In 1999 Shareholders United helped stall BSkyB's attempt to buy the club.

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Mr Kirchner has followed an unwavering course, not only defying the Fund at home but pleading his cause adroitly with the Fund's shareholders in Europe and the United States.

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Raymond wrote that the appointment of Real Madrid manager Jose Mourinho would be "a much safer appointment in the eyes of the United board and shareholders" while the appointment of Everton manager and bookmakers favorite, David Moyes, would "come with great risk" due to his lack of experience with big clubs.

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At present, Mr Glazer and his family hold a 28.1% stake, making them Manchester United's second biggest shareholders.

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As a result, it may be difficult for our shareholders to effect service of process within the United States upon these persons.

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Bank of AmericaState Attorney General of New York Andrew Cuomo filed a civil complaint against the country's biggest bank, Bank of America, and its former CEO Kenneth Lewis and CFO Joe Price, for fraudulently misleading the United States government as well as its shareholders.

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Meanwhile, some Mannesmann shareholders say they are launching a court action in the United States to try and force the company to talk to Vodafone.

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He added that United Biscuits was "delighted" that one of its existing shareholders, PAI - which has offices in Paris, London, Madrid and Milan - had decided to play a greater part in the business.

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The idea of giving shareholders a "say-on-pay" is popular in Europe and is growing in popularity in the United States.

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