CoreLogic Holders Should Pick Dissident Nominees, ISS Says
- CoreLogic responds that ISS reached wrong conclusion on board
- Move is a partial win for CoreLogic activist investors
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Two investors pushing CoreLogic Inc. to explore a sale won partial support from a prominent shareholder advisory firm, which urged shareholders to support three of the dissident group’s nominees for the board.
Institutional Shareholder Services Inc. said investors should elect Steve Albrecht, Wendy Lane, and Henry Winship from the list of nominees put forth by Cannae Holdings Inc. and Senator Investment Group. The advisory firm also urged a settlement between the parties to avoid the distraction of a special meeting planned for Nov. 17.