Barington Capital Responds to Matthews International's Desperate Effort to Manipulate Board Election
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Barington Capital criticizes Matthews International for last-minute governance changes, urging shareholders to vote for Barington's board nominees. Barington owns 2.2% of Matthews and seeks support from proxy advisory firms.
February 14, 2025 | 11:30 pm
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Barington Capital, owning 2.2% of Matthews International, criticizes the company's last-minute governance changes and urges shareholders to vote for Barington's board nominees.
Barington Capital's public criticism and call for shareholders to vote against Matthews' board nominees could create uncertainty and pressure on Matthews' stock price. The involvement of proxy advisory firms adds weight to Barington's position.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 90