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BlackRock Investors Ask Chancery To Put Nominees On Ballot

By Jeff Montgomery (June 21, 2019, 5:31 PM EDT) -- A class of investors seeking a preliminary injunction to block a closed-end trust from excluding new board nominees from an annual election told the Delaware Chancery Court on Friday that BlackRock Credit Allocation Income Trust used unsupportable nominating demands and deadlines to shut the nominees out....

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