McRitchie and his shareholder activist ally John
Chevedden proposed that such actions be approved without prior
notice to other stockholders or the company, 3M said in a letter
"The proposal would allow a group of stockholders to force
fundamental changes on the company, such as a sale or
replacement of the board of directors," Chief Executive Inge
Thulin said in the letter.
(Reporting by Sagarika Jaisinghani in Bangalore;
editing by Kirti Pandey)
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