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Blucora urges investors to reject Ancora's directors, plans

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BOSTON (Reuters) - Financial services firm Blucora Inc is urging shareholders to back its board and block a dissident investor’s effort to seat four directors, arguing it has already made key changes that are bearing fruit and that the outsider’s plans are “deeply flawed.”
“Blucora is on the right path to creating long-term value for all stockholders,” the Dallas-based company’s board wrote to shareholders asking them to vote for all of its director candidates instead of the four that activist investor Ancora Holdings Inc proposed. Reuters saw a copy of the letter.
Blucora’s directors wrote that they replaced the chief executive and chief financial officers early last year amid concerns about performance, positioned the company’s two tax-focused businesses for long-term growth, added four new independent directors in 2020 and 2021, and continued to review alternatives to how the business is currently set up. ....

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Blucora Announces Appointment of Tina Perry to the Board of Directors

DALLAS, March 01, 2021 (GLOBE NEWSWIRE) Blucora, Inc. (NASDAQ: BCOR), a leading provider of technology-enabled, tax-focused financial solutions, today announced the appointment of Tina Perry to the Company’s Board of Directors, effective February 27, 2021. As the fourth new independent director added to the Blucora Board during the past year, Ms. Perry further strengthens the Board’s expertise as it oversees the Company’s strategy and its implementation. Currently President of OWN: Oprah Winfrey Network, Ms. Perry’s extensive experience in strategic transformations of large, complex organizations further augments the substantial expertise of the Board in other areas including fintech, financial services, wealth management and tax. As a result of the comprehensive process of Board refreshment at Blucora, nine of the Company’s 10 directors are independent, six are women or racially diverse, and six have served on the Board for less than three years. & ....

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Blucora: 4Q Earnings Snapshot

DALLAS (AP) Blucora Inc. (BCOR) on Wednesday reported a fourth-quarter loss of $50.7. ....

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Blucora Inc. Q4 adjusted earnings Beat Estimates

WASHINGTON (dpa-AFX) - Below are the earnings highlights for Blucora Inc. (BCOR):-Earnings: -$50.70 million in Q4 vs. $17.33 million in the same period last year. -EPS: -$1.05 in Q4 vs. $0.36 ....

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