El Paso Corporation Board Votes to Amend Special Meeting By-Laws
December 06 2007 - 11:32AM
PR Newswire (US)
HOUSTON, Dec. 6 /PRNewswire-FirstCall/ -- El Paso Corporation
(NYSE:EP) announced today that its board of directors has voted to
amend the company's by-laws to modify the provisions regarding the
calling of special meetings. This amendment permits stockholders
who own at least 25 percent of El Paso's outstanding common stock
to call a special meeting of stockholders. A copy of the amended
by-laws and Corporate Governance Guidelines can be found in the
Investors section of El Paso's Web site at http://www.elpaso.com/.
Previously, a special meeting of stockholders could be called only
by a majority of the board of directors, the chairman of the board,
the chief executive officer, or the president. El Paso Corporation
provides natural gas and related energy products in a safe,
efficient, and dependable manner. The company owns North America's
largest interstate natural gas pipeline system and one of North
America's largest independent natural gas producers. For more
information, visit http://www.elpaso.com/. DATASOURCE: El Paso
Corporation CONTACT: Investor-Media Relations Bruce L. Connery,
Vice President, +1-713-420-5855, Fax, +1-713-420-4417, or Media
Relations, Richard Wheatley, Manager, +1-713-420-6828, Fax,
+1-713-420-6341, both of El Paso Corporation Web site:
http://www.elpaso.com/
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