Altai Capital Files Definitive Proxy Statement to Elect Two Highly Qualified Nominees to Amber Road’s Board and Mails Letter to Shareholders
AMBER ROAD INC (AMBR)
Last amber road inc earnings: 5/9 04:15 pm
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Source: Business Wire
Urges Shareholders to Vote on the GOLD Proxy Card to Elect Both of Altai’s Highly Qualified and Independent Nominees Marshall Heinberg and Jim Watson Believes Amber Road’s Nominees Rudy Howard and Andre G.F. Toet Will Maintain Status Quo of Poor Financial Performance and Lackluster Shareholder Returns NEW YORK--(BUSINESS WIRE)-- Altai Capital Management, L.P. (“Altai Capital”), one of the largest shareholders of Amber Road, Inc. (NYSE: AMBR) (“Amber Road” or, the “Company”), today announced that it filed its Definitive Proxy Statement on Monday, April 8, 2019, seeking the election of highly qualified and independent candidates Marshall Heinberg and Jim Watson. Today, Altai Capital sent a letter outlining its concerns with Amber Road, especially its irresponsible handling of E2open’s 2018 acquisition proposal and its egregious executive compensation. In the letter, Altai Capital estab
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