Kohl s names 3 new directors in deal with activist investors go.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from go.com Daily Mail and Mail on Sunday newspapers.
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DALLAS, April 13, 2021 /PRNewswire/ Former Blucora CEO John Clendening is compelled to set the record straight. Blucora s Board of Directors is in a protracted proxy battle with Ancora Holdings, Inc. Ancora is seeking to replace four sitting Blucora Board members Georganne Proctor, Mary Zappone, Steven Aldrich, and John MacIlwaine. In response to Ancora s efforts to change Blucora s Board, Blucora filed inaccurate and misleading 8-Ks.
Blucora s statement in the March 15, 2021 8-K that since it became clear during a four-day business and strategy review by the Board in September 2019, the Company was no longer on the optimal path for long-term value creation, the Blucora Board has taken aggressive actions, including: replacing the CEO and CFO in early 2020, is simply not true. Other attendees can confirm that at that meeting the Board thought just like Blucora s January 16, 2020 press release and 8-K stated that Blucora was on t
Former Blucora CEO Responds To Company s 8-K Filings prnewswire.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from prnewswire.com Daily Mail and Mail on Sunday newspapers.
Press release content from Business Wire. The AP news staff was not involved in its creation.
ISS Recommends Blucora Stockholders Vote For Boardroom Change on Ancora’s WHITE Proxy Card
April 9, 2021 GMT
CLEVELAND (BUSINESS WIRE) Apr 9, 2021
Ancora Holdings, Inc. (together with its affiliates, “Ancora”), which collectively with the other participants in its solicitation beneficially owns approximately 3.4% of the outstanding common stock of Blucora, Inc. (NASDAQ: BCOR) (“Blucora” or the “Company”), today announced that Institutional Shareholder Services Inc. (“ISS”) is recommending that stockholders vote for change on the
WHITE proxy card. In its report, ISS has endorsed Ancora’s case for boardroom change, recommended for the election of wealth management expert and stockholder representative Fredrick D. DiSanto, and only recommends re-electing six current, unopposed members of the Board of Directors (the “Board”). In addition, Glass, Lewis & Co., LLC (�
Press release content from Business Wire. The AP news staff was not involved in its creation.
Investor Group Urges Shareholders to Reject Kohl’s Misinformation Campaign
April 6, 2021 GMT
NEW YORK (BUSINESS WIRE) Apr 6, 2021
Macellum Advisors GP, LLC (together with its affiliates, “Macellum”), Ancora Holdings, Inc. (together with its affiliates, “Ancora”), Legion Partners Asset Management, LLC (together with its affiliates, “Legion Partners”), and 4010 Capital, LLC (together with its affiliates, “4010 Capital” and, together with Macellum, Ancora and Legion Partners, the “Investor Group”) today issued a letter to shareholders in connection with its nominations of five candidates for election to the Board of Directors (the “Board”) of Kohl’s Corporation (NYSE: KSS) (“Kohl’s” or the “Company”). The Investor Group is deemed to beneficially own, in the aggregate, 14,696,905 shares of the Company’s common stock, including 2,447,000 shares underly