InterOil Corp. (IOC) announced Wednesday that, Institutional Shareholder Services or ISS, a leading independent proxy voting advisory service, has changed its previous recommendation and is advising its clients to support Management's proposal to adopt new by-laws relating to advanced notice provisions.
Given this change, the vote recommendation for item #4 Adopt New By-Laws has been revised from an AGAINST to a recommendation FOR.
The proposal is listed as Proposal 4 to be voted on by shareholders at the upcoming annual and special meeting of shareholders to be held on June 24, 2013.
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