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Glass Lewis has recommended that shareholders of Noble Energy Inc vote in favor of the energy producer's proposed $5 billion acquisition by Chevron Corp , the proxy advisory firm said in a statement on Friday. Chevron announced its proposal to buy Noble Energy for $5 billion in stock on July 20
Citigroup is spinning off its electronic proxy voting platform Proximity to a consortium of banks who are backing the new venture with $20.5 million in fresh capital.