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Pebblebrook shareholders reject UNITE HERE proposal to amend bylaws
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PebblebrookHotel Trust's shareholders voted against a nonbinding from UNITE HEREregarding shareholder amendment of the company's bylaws.
The proposal to allow shareholders to alter Pebblebrook'sbylaws through a majority vote, including stockholder-initiated amendments, wasrejected at the company's 2016 annual shareholders meeting July 7.
Of the total votes cast, 46,728,401 were against theproposal, 20,076,245 were in its favor, while 24,517 were abstentions.