Engine Capital Issues Open Letter To Board Of Care.com
CARE.COM (CRCM)
Last care.com earnings: 11/6 06:00 am
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US:NYSE Investor Relations:
investors.care.com/investors/default.aspx
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Source: PR Newswire
NEW YORK, Aug. 15, 2019 /PRNewswire/ -- Engine Capital, L.P. (together with its affiliates, "Engine"), a sizeable shareholder of Care.com, Inc. (the "Company") (NYSE:CRCM), today issued an open letter to the Company's Board of Directors (the "Board") encouraging the Board to initiate a parallel process to explore strategic alternatives while searching for a new Chief Executive Officer and implementing various value enhancing initiatives identified by Engine.The full text of Engine's letter to the Board can be viewed at the following link:www.enginecap.com/careAbout Engine CapitalEngine Capital is a value-oriented special situations fund that invests both actively and passively in companies undergoing change.Investor contact:Engine Capital, L.P.Arnaud Ajdler(212) 321-0048aajdler@enginecap.com View original content:http://www.prnewswire.com/news-releases/engine-capital-issues-open-letter-to-board-of-carecom-300902205.htmlSOURCE Engine Capital, L.P.
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