ICC Holdings Says Stilwell Group Withdrew Its Nomination Of Joseph Stilwell For Election To Company Board; Urges Shareholders To Vote For Current Directors Using White Proxy Card
Portfolio Pulse from Benzinga Newsdesk
ICC Holdings announced that the Stilwell Group has withdrawn its nomination of Joseph Stilwell for election to the company's board. The company is urging shareholders to vote for the current directors using the white proxy card.
June 11, 2024 | 8:43 pm
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The Stilwell Group has withdrawn its nomination of Joseph Stilwell for ICC Holdings' board, and the company is urging shareholders to vote for the current directors using the white proxy card.
The withdrawal of the nomination by the Stilwell Group reduces potential conflict and uncertainty regarding board elections, which is likely to be viewed positively by investors. This stability can lead to a short-term positive impact on ICCH's stock price.
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