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      "text": "Institutional Shareholder Services endorsed all seven of Pershing Square's nominees. Shareholders voted to elect all seven of Pershing Square's nominees.",
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      "text": "Although there is an elevated bar for supporting a majority slate under ISS' contest framework, this contest amounts to a referendum as to which management team is better suited to run EQT.",
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      "text": "What is still missing from the board's discussion [...] is a real sense of what is required to execute on a true, robust strategy because playing catch-up is not in itself a strategy.",
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      "text": "What is still missing from the board's discussion [...] is a real sense of what is required to execute on a true, robust strategy because playing catch-up is not in itself a strategy. — Pershing Square / Canadian Pacific ISS report (May 13, 2022). Although there is an elevated bar for supporting a majority slate under ISS' contest framework, this contest amounts to a referendum as to which management team is better suited to run EQT. [...] By contrast, the incumbent management team has failed to advance turnaround efforts at a satisfactory pace for shareholders, has identified target initiatives that are vague and unambitious [...] — Rice/EQT ISS report (Jun. 28, 2019).",
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      "text": "Institutional Shareholder Services. Permission to quote was neither sought nor obtained. Pershing Square/CP ISS report (May 13, 2022). Rice/EQT ISS report (Jun. 28, 2019).",
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