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 <title>The Industry Standard - CA Shareholders Rebuff Wyly - Comments</title>
 <link>http://www.thestandard.com/article/0%2C1902%2C28839%2C00.html</link>
 <description>Comments for &quot;CA Shareholders Rebuff Wyly&quot;</description>
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 <title>CA Shareholders Rebuff Wyly</title>
 <link>http://www.thestandard.com/article/0%2C1902%2C28839%2C00.html</link>
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&lt;p&gt;	ISLANDIA, NEW YORK (08/29/2001) - Computer Associates International Inc. shareholders rebuffed Sam Wyly&#039;s dramatic bid to shake up the company&#039;s board of directors, with more than 75 percent voting to retain the 10 incumbent board members in Wednesday&#039;s preliminary vote tabulation.
&lt;/p&gt;
&lt;p&gt;Formal certified election results will be available within the next few weeks, according to CA.
&lt;/p&gt;
&lt;p&gt;Wyly, a CA shareholder, had sought to replace four of CA&#039;s directors, including cofounder and Chairman Charles Wang, with nominees of his own choosing. Ranger Governance Ltd., Wyly&#039;s investment firm and the vehicle he used for the proxy bid, says it is happy with the changes at CA that were brought about by the campaign.
&lt;/p&gt;
&lt;p&gt;&quot;We believe this is already an unequivocal victory,&quot; said Ranger Governance nominee Steve Perkins in a brief speech before voting closed at 10:25 a.m. ET at the CA shareholder&#039;s meeting.&lt;br /&gt;
	&lt;br&gt;&lt;/p&gt;
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 <category domain="http://www.thestandard.com/taxonomy/term/1254">Policy And Politics</category>
 <pubDate>Wed, 29 Aug 2001 15:00:00 -0700</pubDate>
 <dc:creator>Baldwin Louie</dc:creator>
 <guid isPermaLink="false">88460 at http://www.thestandard.com</guid>
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