(Bloomberg) Voting at shareholder meetings in Japan may become more consequential if the decision by Japanese megabanks to divest their strategic holdings in Toyota Motor Corp. triggers a broader unwinding of cross-held shares among the country’s biggest companies.Most Read from BloombergReal Estate Investors Are Wiped Out in Bets Fueled by Wall Street LoansHere’s Everything Apple Plans to Show at Its AI-Focused WWDC EventPutin’s Wartime Central Banker Tells Him What He Doesn’t Want to HearBe
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Tesla Inc. blasted Glass Lewis Inc. in a letter to shareholders, days after the proxy adviser urged investors to reject a proposed $56 billion pay package for Chief Executive Officer Elon Musk.