PLDT-Lopez alliance clinches control of Meralco’s board, management

Like last year, the Meralco Theater was packed with people who were eager to take part in the much-awaited annual stockholders’ meeting of the country’s largest power distributor.

But contrary to what many were probably expecting, the event ended the same way typical annual meetings do— without all the grandstanding and drama that transpired during last year’s 12-hour long meeting.

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