NEW YORK May 23 Proxy advisory firm
Institutional Shareholder Services (ISS) recommended on Tuesday
that Taubman Centers stock owners vote for two board directors
nominated by real estate activist hedge fund Land and Buildings.
ISS recommended Taubman shareholders vote for Land and
Buildings founder Jonathan Litt, and fellow dissident board
candidate, Charles Elson, a University of Delaware finance
professor and corporate governance expert. ISS also recommended
shareholders vote for company nominee Buckley Marakovits, whose
seat was uncontested at this year's annual meeting.
(Reporting by Michael Flaherty; Editing by Chizu Nomiyama)