Telecom Italia Backs Vivendi's Request for Board Extension

  • The appointment of four new members will be voted Dec. 15
  • The Milan-based carrier says Vivendi's directors are qualified

Telecom Italia SpA backed Vivendi SA’s proposal to add four new directors to its board at a Dec. 15 shareholder meeting, rejecting criticism by a group of Italian and foreign investment funds that the move would damage corporate governance.

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