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ISS backs Crown Castle nominees in board room challenge from Miller's Boots Capital
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ISS backs Crown Castle nominees in board room challenge from Miller's Boots Capital
May 10, 2024 1:25 PM

NEW YORK, May 10 (Reuters) - Proxy advisory firm

Institutional Shareholder Services on Friday recommended Crown

Castle ( CCI ) investors back the company's director nominees,

dealing a blow to the wireless tower owner's co-founder Ted

Miller as he pushes for four board seats.

ISS wrote there is "no case for incremental change at this

juncture" after activist investor Elliott Investment Management

pressed the company for changes last year, it hired a new chief

executive officer and formed a committee to review the future of

its fiber business.

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