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Shareholders will have the chance to vote on the proposed new directors at the annual meeting on July 25. They will also vote on the re-appointment to the board of two existing directors, whom M&G has said it will be voting against.
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NEW YORK/LONDON, Sept 11 (IFR) - Spreads on VerizonCommunications' record $49 billion eight-tranche bond tightenedby more than 40bp on Wednesday in the so-called 'grey market',where investors and dealers set up trades with one anotherbefore the bonds are priced and allocated.
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As US naval warships surrounded the vessel, the pirates got increasingly hostile and threatened to murder Phillips. The threat was ultimately ended with three coordinated SEAL sniper shots that took out all but one pirate when they emerged. The sole survivor, pirate leader Abduwali Abdiqadir Muse, was sentenced to 34 years in a US prison in 2011.
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Known as a bid bond, Syria has asked those tendering to sell it cereals to put, say, 1 million euros in cash in a Syrian account in advance. Such a condition is typical from buyers whose business is in demand. It deters traders who are unsure of sourcing the supply and penalizes them if they fail to deliver.
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Subscription services are the fastest growing area in digital music, making up 13% of worldwide sales. But 57% of global recorded music sales still come from physical products such as CDs, down from 74% in 2008.
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