Deutsche Börse bows to hedge fund pressure

Deutsche Börse has bowed to rebel shareholder pressure over its proposed £1.35bn (€1.94bn) bid for the London Stock Exchange and will allow a vote on the deal in May.

The German exchange said it would add a vote of no confidence to the agenda for its annual general meeting. This could remove its entire supervisory board.

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Bill Ackman’s Pro-Tennis Debut Lasted 67 MinutesExternal link

Bill Ackman’s Pro-Tennis Debut Lasted 67 Minutes