Sina shareholders at its AGM on Friday said they felt there were significant flaws in US hedge fund Aristeia Capital’s proposals, which included selling Sina to a third party, or splitting off Sina’s stake in Weibo. Photo: Reuters
Sina claims victory in boardroom tussle with US hedge fund Aristeia
Aristeia had forced a vote among Sina shareholders at its AGM over whether the company should consider changes in its top team to resolve corporate governance issues
Topic |
Weibo
Sina shareholders at its AGM on Friday said they felt there were significant flaws in US hedge fund Aristeia Capital’s proposals, which included selling Sina to a third party, or splitting off Sina’s stake in Weibo. Photo: Reuters