Cordiant urges voting down plan of activist holder

Article Abstract:

Cordiant Communications Group PLC has recommended its stockholders against Active Value Advisers Ltd.'s planned resolutions. Active Value, which owns more than 25% of Cordiant, is calling for the removal of the company's top management.

Strategy & planning, Financial management, Executive changes & profiles, Planning, Officials and employees, Investor relations, Company business planning, Active Value Advisors

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Cordiant lowers 2001 outlook

Article Abstract:

Cordiant Communications Group PLC is forecasting lower revenues and profits for the 2001 year. The company is expecting a 9% drop in revenues for the year due to the global economic slowdown.

Sales, profits & dividends, Forecasts and trends, Revenue

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Cordiant stake raised to 10.75% by Paris investor

Article Abstract:

Nahed Ojjeh, a chess patroness living in Paris, France, has increased her share in Cordiant Communications Group PLC. Ojjeh raised her share to 10.75% from 2%.

Acquisitions & mergers, Mergers, acquisitions and divestments, Company acquisition/merger

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