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Stock impact report

Green Plains, Tilly's See Activist Investor Action [MarketWatch]

Astria Therapeutics, Inc. (ATXS) 
Company Research Source: MarketWatch
Want to see it on more articles? Give your feedback below or email product@barrons.com thumb-stroke-medium thumb-stroke-medium Activist Holdings Green Plains Ancora Holdings reported holding 4,176,058 shares of the sustainable bioingredient maker, with 120,000 of those shares underlying exercisable options. On Feb. 6, Ancora and Green Plains entered a cooperation agreement that calls for Green Plains to initiate a formal review of its business “and evaluate strategic alternatives to maximize value.” As part of the agreement, Ancora will vote all its eligible Green Plains shares in support of board initiatives that come up for shareholder vote. However, Ancora may vote against Green Plains' board if its recommendations are opposed by Institutional Shareholder Services and Glass, Lewis. Otherwise, Ancora will abide by customary standstill provisions and limit its Green Plains stake to no more than 9.9%. It currently stands at 7%. Advertisement The cooperation agreement Show less Read more
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