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Farallon Capital Management, L.L.C.: Glass Lewis Recommends Toshiba Shareholders Vote FOR Farallon Proposal


Farallon Capital Management, L.L.C.: Glass Lewis Recommends Toshiba Shareholders Vote FOR Farallon Proposal
Glass Lewis Notes Subpar Returns Will Not Improve Until Toshiba Rebuilds Credibility
Farallon Urges Fellow Toshiba Shareholders to Vote for Its EGM Proposal
Farallon Capital Management, L.L.C. ( Farallon ) today announced that Glass, Lewis Co., LLC ( Glass Lewis ), a leading proxy advisory firm, has recommended that Toshiba Corporation ( Toshiba or the Company ) (6502.T) vote
FOR Farallon s capital allocation proposal at the extraordinary general meeting of shareholders ( EGM ), which is scheduled to be held on March 18, 2021.
Farallon stated: Glass Lewis s report definitively supports our view that Toshiba modified its capital policy in November 2020 and shareholders should insist on accountability at Toshiba. In the absence of credibility and trust, Toshiba s stock price will continue to flounder. Glass Lewis joins Institutional Shareholder Service ....

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