Caterpillar’s holders approved a name change.
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Shareholders voted to change the company’s name to Caterpillar Inc. from Caterpillar Tractor and to move its corporate charter to Delaware from California so that various “poison pill” anti-takeover measures could be adopted. The anti-takeover measures include eliminating cumulative shareholder voting, forbidding removal of directors without cause and electing directors to staggered terms.
