1.   And under the merger framed this week by Federated and Macy, the current Macy shareholders -- mostly management and institutional holders -- will lose their stake in Macy.

2.   Additionally, she said she has the support of larger institutional holders who will themselves vote.

3.   By contrast, Time Warner has a higher proportion of institutional holders willing to hang on for the ride.

4.   Effectively, institutional holders of Santa Fe said they did not want to take that chance, and suggested that Union Pacific put its money where its mouth was.

5.   He added, however, that he would court large institutional holders to support its unsolicited bid to acquire Columbia, a major gas company in the East.

6.   In fact, for some of those go-go growth stocks that the big institutional holders have so fallen in love with, the pain is just beginning.

7.   Institutional holders like Fidelity fax proxy votes to an automated processing firm, which in turn delivers votes to solicitors who oversee the official tally.

8.   Institutional holders have also put pressure on boards to take a more active role in their companies as a source of quality control, she said.

9.   It is still one of the larger stakes in the company after some institutional holders like Fidelity and Putnam Investments.

10.   It was the largest institutional holder.