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The problem is, according to David Drake, president of Georgeson, a proxy solicitation firm, under this new system, only 10% of retail investors are completing a proxy online.
FORBES: Magazine Article
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Information regarding the persons who may, under the rules of the SEC, be considered participants in the solicitation of the stockholders of the Company in connection with the proposed merger will be set forth in the proxy statement and the other relevant documents to be filed with the SEC.
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Investors and security holders may obtain more detailed information regarding the direct and indirect interests of the participants in the solicitation of proxies in connection with the transaction by reading the preliminary and definitive proxy statements regarding the transaction, which will be filed by Clearwire with the SEC.
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The terms of the CVR contract, and the milestones involved, are spelled out in an attachment to the proxy solicitation for the deal that is sent to shareholders.
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