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0 0 0.00138711054204022 0.00117370892018779 -0.00138711054204007 0.00133376013657704 0.00170721297481872 0.00266752027315408
Stock impact report

Summer Road Responds to Ingles Markets’ Error-Filled and Deliberately Misleading Presentations

Ingles Markets, Incorporated - Class A (IMKTA) 
Company Research Source: Business Wire
The Company’s April 8th and April 10th Presentations Ignore Concerns About Insufficient Shareholder Representation on the Board, Declining Growth, Stagnant Class A Dividend, Idle Real Estate and Deteriorating TransparencyIngles’ Board Made No Genuine Effort to Settle with Summer Road Because it Refuses to Acknowledge the Need for True Class A Representation So That it Can Keep Control and Continue Operating in the ShadowsSummer Road’s Interests Are Aligned with All Class A Shareholders, While Ingles’ Conflicted Board is Using Sensationalized and Dishonest Tactics to Shield Itself from Accountability WEST PALM BEACH, Fla.--(BUSINESS WIRE)--Summer Road LLC (“Summer Road” or “we”), the beneficial owner of approximately 3% of the outstanding shares of Class A common stock of Ingles Markets, Incorporated (NASDAQ: IMKTA) (“Ingles” or the “Company”), today issued the following statement in response to the Company’s April 8th and April 10th presentations.“Our campaign has always been about Show less Read more
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