Investor Group Issues Letter Regarding Recent Conversation with “Independent Committee” of the Board of Leaf Group
LEAF GROUP LTD (LEAF)
US:NYSE Investor Relations:
investor.onemainfinancial.com
Company Research
Source: Business Wire
Group Representing Over 40% of Leaf Shares is Highly Disappointed by Designated Board Members’ Refusal to Independently Consider Shareholder Concerns about Company Leadership and Flawed Sale Process “Independent Committee” and Company Counsel Lack True Independence and are Clearly Pre-Disposed to Ignoring Shareholders and Furthering Entrenchment of Incumbent Directors Believes it is Absurd that Committee Members Claim They Know Better than Group Owning Over 40% of Leaf Shares LOS ANGELES--(BUSINESS WIRE)--Investors owning over 40% of the issued and outstanding shares of Leaf Group Ltd. ("Leaf Group" or the "Company") (NYSE: LEAF), today issued a letter to the Company's Board of Directors (the “Board”) expressing their concerns and disappointment around a recent call with the two members of the Board’s Independent Committee as well as the Company’s outside counsel. The list of signatories to the letter includes Osmium Partners LLC, PEAK6 Investments LLC, Boyle Capital Opportunity Fu
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