City's Big Guns Turn Their Fire On Misys




Summary


MAJOR institutional shareholders are demanding answers from Misys on the software firm's poor performance.

The powerful Association of British Insurers, whose members are the biggest shareholders in the City, has requested a meeting with Misys chairman Kevin Lomax and non-executive director Sir Dominic Cadbury, seeking an explanation for the company's recent profit warning and an update on the search for a new chief executive.

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City's Big Guns Turn Their Fire On Misys

Embattled Misys has seen its share price crash by...

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