Shareholders Should Reject Nabors Industries Ltd. (NBR)’s Imperial Chairmanship

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If the proposal passes, and Nabors Industries Ltd. (NYSE:NBR) takes on an independent chair, I’ll be much more optimistic about its future. Until then, I think investors should remain wary. We’ll know the preliminary outcome at the annual shareholder meeting on June 4.

The article Shareholders Should Reject Nabors’ Imperial Chairmanship originally appeared on Fool.com.

Motley Fool contributor M. Joy Hayes, Ph.D. is the Principal at ethics consulting firm Courageous Ethics. She has no position in any stocks mentioned. Follow @JoyofEthics on Twitter. The Motley Fool has the following options: Long Jan 2014 $20 Calls on Chesapeake Energy, Long Jan 2014 $30 Calls on Chesapeake Energy, and Short Jan 2014 $15 Puts on Chesapeake Energy.

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