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Egyptian Billionaire, Activist Shareholder Presses Txi

In a proxy statement filed with the Securities and Exchange Commission last week, NNS Holding director Nassif Sawiris blasted Dallas-based TXI for poor operating performance and indicated plans to encourage other shareholders to withhold votes for directors Sam Coats and Thomas Ransdell, both up for re-election at the company’s October 21 annual meeting

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