Beacon Hill Partners Inc. Opens New Telephonic Call Center.NEW YORK--(BUSINESS WIRE)--March 25, 1999--Beacon Hill Partners Inc. announced that it has completed a major expansion of its proxy solicitation solicitation In criminal law, the act of asking, inducing, or directing someone to commit a crime. The person soliciting another becomes an accomplice to the crime. The term also refers to the act of obtaining bribes, as well as to the crime of a prostitute who offers sexual capabilities with the opening of its new telephone call center. The center is a state of the art facility, capable of going on-line with a client's in-house shareholder communications center An agency charged with the responsibility for handling and controlling communications traffic. The center normally includes message center, transmitting, and receiving facilities. Also called COMCEN. See also telecommunications center. or transfer agent. The center is capable of producing up to a half million shareholder contacts per month. John Grau, Managing Director of Beacon Hill Bea·con Hill An area of Boston, Massachusetts, noted for its historic residences, brick sidewalks, and picturesque mews. Noun 1. Beacon Hill - a fashionable section of Boston; site of the Massachusetts capital building , stated, " We decided to build the call center last year after finishing a project for a major client involving a complex restructuring plan. That effort alone required over half a million phone calls to shareholders and bondholders. Based on the strong growth of our proxy solicitation business, the current high level of M&A activity, as well as indications from current clients, we anticipate call requirements in the millions for the coming year. It is not simply the call making capability but also the instantaneous coordination with our clients that makes our new call center so important." Dennis Mensch mensch or mensh n. pl. mensch·es or mensch·en Informal A person having admirable characteristics, such as fortitude and firmness of purpose: of Beacon Hill's Strategic Consulting Unit added, "The new call center gives us the capability of handling projects for the largest companies. In major corporate transactions such as mergers and tender offers, tens of thousands, if not hundreds of thousands of shareholders must be contacted within a matter of weeks. Furthermore, a contested situation might require a solicitor to be back on the phone every week to the same holders with a new message. It is critical to have maximum capability in those situations." Beacon Hill Partners Inc., New York New York, state, United States New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of , N.Y., one of the fastest growing firms in the proxy solicitation industry, currently represents over 250 clients for annual shareholder meetings, proxy contests Proxy contest A battle for the control of a firm in which a dissident group seeks, from the firm's other shareholders, the right to vote those shareholders' shares in favor of the dissident group's slate of directors. Also called proxy fights. , tender and exchange offers, stock surveillance, institutional targeting and corporate governance Corporate Governance The relationship between all the stakeholders in a company. This includes the shareholders, directors, and management of a company, as defined by the corporate charter, bylaws, formal policy, and rule of law. consulting. |
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