CPG battle could spill over to SPEThe fire under CPG's butt is getting bigger by the day. Cation (the attacker) has just got the support of ISS which means institutions are now in favor of a shake-up. If the SPE institutions are upset with the VET deal then we might see more action here. It will all be good for the SP.
A few notes on ISS below from Wikipedia fyi:
With Disney announcing the combination of the CEO and chairman positions on October 6, 2011, past the date of shareholder proposal deadline, and increase CEO/chair pay, ISS called for a no vote against the four Nominating and Governance Committee board members at the 2012 annual meeting.[4] ISS recommended to clients two candidates nominated by billionaire investor Carl Icahn to the drugmaker Forest Laboratories’ board of directors in a 2012 proxy contest.[5]
In 2013 ISS agreed to pay the SEC a fine of $300,000 and retain an independent compliance consultant to settle charges that it failed to safeguard the confidential proxy voting information of clients.[6] ISS was highlighted in a 2014 opinion piece in the New York Times by Cornell University law professor Lynn Stout as having an outsized power in the selection of CEOs of major corporations in the United States with ramifications for the U.S. economy.[7]
Ethix SRI Advisors was purchased by ISS in September 2015 to help ISS expand in Europe. Ethix was renamed with the acquisition to ISS-Ethix and would lead ISS's sustainable and responsible investment activities.[8] In March 2018, ISS also acquired the German ESG rating agency oekom research AG.[9]