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Airline Professionals Association Teamsters Local 1224
ABX Shareholders Pass Resolution on Poison Pills
May 30th, 2008
The shareholders of ABX Holdings, Inc., (NASDAQ:ABXA) on Tuesday passed a resolution to force accountability and transparency on poison pill provisions. ABX management objected to the resolution. "Today was a real victory for shareholders and members," said Capt. David Ross, president of Teamsters Local 1224, which represents the 650 pilots of ABX Air, a subsidiary of ABX Holdings, Inc. The shareholder resolution was submitted by the International Brotherhood of Teamsters, of which Local 1224 is an affiliate. The resolution called for more disclosure and accountability from the ABX Holdings board of directors. It overturns an...
Source: Health Business Week (2008-05-30)
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