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Harmonic gets lift from agreement with big shareholder

Harmonic shares jumped 9% the day after the video and cable tech company inked a cooperation agreement with a big shareholder that left some industry watchers scratching their heads about what it all means.
The agreement itself was pretty basic. Scopia Capital Management, an investor that has been buying Harmonic shares in recent years and now holds a stake of 9.8% in the supplier, now has the right to appoint two directors to Harmonic s board of directors during the next year. Scopia has also pledged to support Harmonic s slate of nominees at the upcoming 2021 annual meeting and abide by customary standstill and other provisions. ....

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Scopia cuts deal to appoint two Harmonic board directors

Scopia cuts deal to appoint two Harmonic board directors
lightreading.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from lightreading.com Daily Mail and Mail on Sunday newspapers.

Patrick Harshman , Jerome Lande , Exchange Commission , Scopia Capital Management , Cable Access , Special Situations , Current Report , பேட்ரிக் ஹர்ஷ்மன் , ஜெரோம் லேண்டே , பரிமாற்றம் தரகு , கேபிள் நுழைவு , சிறப்பு சூழ்நிலைகள் , தற்போதைய அறிக்கை ,

Harmonic Enters into Cooperation Agreement with Scopia

Harmonic Enters into Cooperation Agreement with Scopia
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SAN JOSE, Calif., April 12, 2021 /PRNewswire/ Harmonic (NASDAQ: HLIT) today announced that it has entered into a cooperation agreement with Scopia Capital Management LP ( Scopia ).
We appreciate the constructive dialogue that we have had with Scopia, and we are pleased to have reached this agreement, said Patrick Harshman, CEO and president, Harmonic. We are continuing to build on the momentum in our Cable Access and Video segments. We remain very excited about our future opportunities.
Jerome Lande, Partner and Head of Special Situations for Scopia, added, We are great admirers of the innovative solutions that Harmonic is bringing to market and look forward to collaborating with management and the board on realizing Harmonic s full potential. ....

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Indivior puts its biggest shareholder on the board

Indivior puts its biggest shareholder on the board
thetimes.co.uk - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thetimes.co.uk Daily Mail and Mail on Sunday newspapers.

Jerome Lande , Scopia Capital Management , Suboxone Film , ஜெரோம் லேண்டே , சுபோக்ஷோணே படம் ,