Tuesday, May 16, 2006

Move of Halliburton Meeting Draws Fire


Seems like a lot of big companies are hiding out from their own stockholders.

Update 3: Move of Halliburton Meeting Draws Fire:

"Halliburton Co. says it moved its meeting to this company town of 22,500 to honor its southern Oklahoma roots. The company's critics accuse it of running to a prairie outpost to hide.

'They're relocating to a city where they don't actually have to be accountable to their own shareholders,' said Maureen Haver, spokeswoman for the Houston Global Awareness Collective and one of 15 protesters arrested at Halliburton's meeting last year. 'They're going to a town they have in their pocket.'

The oilfield services conglomerate is not alone in taking big business to middle America's smaller places. "

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