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Easyjet Investors May Block Effort to Oust Chairman, Times Says

Shareholders of Easyjet Plc may reject founder Stelios Haji-Ioannou’s effort to oust Chairman Mike Rake at a meeting tomorrow, according to the Sunday Times.

A majority of shareholders will probably vote against Rake’s removal, proposed by Haji-Ioannou after the Libor scandal, the newspaper said, citing people it didn’t identify. Rake is also deputy chairman of Barclays Plc.

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