Aderans says president, board lose AGM election

Wed May 28, 2008 11:59pm EDT
 
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TOKYO, May 29 (Reuters) - Japanese wig maker Aderans Co Ltd (8170.T) said on Thursday that its president and all members of its board except outside directors failed to win re-election at its annual shareholders meeting.

U.S. activist hedge fund Steel Partners has been pressuring the company to implement changes. (Reporting by Edwina Gibbs)

 
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