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Walmart, PayPal Can't Exclude Investor Diversity Proposals

By Hailey Konnath ( April 12, 2023, 10:03 PM EDT) -- The U. S. Securities and Exchange Commission has refused to permit Walmart and PayPal to exclude from their proxy materials activist shareholder proposals calling for more information on racial equity and discrimination mitigation, according to a pair of letters posted to the SEC's website. . . .

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