Ja! Siemens Shareholders Approve Osram Spinoff

In late November, the board of directors at Siemens (SI) approved a plan calling for a shareholder vote on a potential spinoff of its lighting unit, Osram, at the upcoming Annual Meeting in January. Well…January is here and shareholders overwhelmingly approved the measure at yesterday’s meeting, with ~98% of the votes cast agreeing to the move. Shareholders of… Read More »