Mills shareholders elect 4 new directors
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From Bloomberg News
Mills Corp. shareholders elected four new directors at an annual meeting marked by investors’ anger, and the company said it would file earnings restatements for 2005 by the end of January and its 2006 report by March 1.
Two new directors were chosen by Tel Aviv-based Gazit-Globe Ltd., Mills’ second-largest shareholder. Gazit gains influence at Mills as the Chevy Chase, Md.-based mall developer, which has lost half its market value this year, seeks a buyer.
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