Tokyo Broadcasting sets June vote on activist proposal to cut crossholdings
https://www.reuters.com/article/us-tokyo-broad-sys-investor-activism/tokyo-broadcasting-sets-june-vote-on-activist-proposal-to-cut-crossholdings-idUSKCN1IW1KY
Shareholders of Tokyo Broadcasting System Holdings (TBS) will vote next month on a proposal from a London-based investor to sell down the company's crossholdings and return the resulting proceeds to investors.