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Post amends bylaws to allow majority shareholders to make changes

Post Holdings Inc. amended its articles of incorporation to allow shareholders holding a majority of all outstanding shares of the company to make changes to the company's bylaws, according to a Jan. 31 regulatory filing.

The previous bylaw, which was amended Feb. 2, 2016, stated that the articles may only be altered or repealed by two-thirds of all of the members of the board. The revised bylaw now authorizes two-thirds of the board and the majority of the company's shareholders to vote on changes.

In the same filing, the packaged goods company said its shareholders elected three directors to the company's board during the annual meeting Jan. 25. Jay Brown, Edwin Callison and William Stiritz were elected to serve until the 2021 annual meeting of shareholders.

The shareholders also ratified the appointment of PricewaterhouseCoopers LLP as the company's independent registered public accounting firm for the fiscal year ending Sept. 30.