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TransUnion board amends bylaws

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TransUnion board amends bylaws

TransUnion's board adopted an amendment to the company's bylaws to provide for a majority voting standard in uncontested elections of directors.

Consequently, a director nominee will be elected upon the vote in favor from a majority of the total votes cast in the election.

TransUnion's board also voted in favor of submitting proposals seeking shareholder approval to amend some provisions of the company's certificate of incorporation to, among other things, declassify the board to allow directors to stand for election to one-year terms, and eliminate the supermajority voting requirements that currently exist for the removal of directors.