UPDATE 3-Verizon's bid challenges AT&T's offer for Straight Path-source
* Straight Path shares up 6.4 pct at $118, above the bid price (Adds that new bidder for Straight Path is Verizon)
ROME Dec 12 Italian Economy Minister Pier Carlo Padoan will retain his post in the new government put together by Prime Minister-designate Paolo Gentiloni, a political source said, in a sign of continuity aimed at reassuring markets.
Angelino Alfano was set to leave his position as interior minister and will become foreign minister, the source added.
The new cabinet is due to be officially unveiled and sworn in later on Monday, speeding up the transfer of power from outgoing Prime Minister Matteo Renzi, who resigned last week after losing a Dec. 4 referendum on constitutional reform.
(Reporting by Antonella Cinelli, Writing by Crispian Balmer; editing by Philip Pullella)
PONTE VEDRA BEACH, Fla., April 25 Wells Fargo & Co shareholders approved all 15 directors nominated to the bank's board on Tuesday, capping a contentious annual meeting with several directors at risk of facing a no-confidence vote.