Leaf Group Releases Letter to Shareholders
LEAF GROUP LTD (LEAF)
US:NYSE Investor Relations:
investor.onemainfinancial.com
Company Research
Source: GlobeNewswire
SANTA MONICA, Calif., July 02, 2020 (GLOBE NEWSWIRE) -- Leaf Group Ltd. (NYSE: LEAF), a diversified consumer internet company, today issued the following letter to its shareholders: Dear Valued Shareholders, Earlier this week, a group of Leaf Group shareholders (the “Investor Group”) publicized a letter to the Company's Board of Directors expressing concern with Leaf’s business strategy and corporate governance. The Leaf Group Board of Directors will listen to their views and work to engage in a constructive dialogue with them, as we would with any shareholder. Over the past several years, Leaf Group has been focused on executing its strategy of building digital first brands in high passion categories. We have made significant changes across the organization to strengthen our team, optimize our operations and drive much-improved financial performance. Strategic Review Being Called for Has Already Been Conducted Exhaustively On April 15, 2019, we publicly announced th
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