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Stock impact report

Starboard says four of its Newell Brands board nominees withdraw [Reuters (UK)]

Newell Brands Inc. (NWL) 
Last newell brands inc. earnings: 5/1 07:30 am Check Earnings Report
Company Research Source: Reuters
Starboard says four of its Newell Brands board nominees withdraw | Reuters Reuters Staff 1 Min Read (Reuters) - Activist investor Starboard Value LP said on Tuesday four executives it planned to elect on to Newell Brands Inc’s ( NWL.N ) board had withdrawn their nominations. Starboard also said it would reduce its slate of nominees to a minority of the board, if it decides to contest board elections at Newell’s shareholder meeting that is typically held in May. Newell, the maker of Sharpie pens, struck a deal on Monday with billionaire investor Carl Icahn to appoint four of Icahn’s nominees to its board. Starboard said Ian Ashken, Domenico De Sole, Martin Franklin, and James Lillie, collectively withdrew their nominations. Reporting by Aishwarya Venugopal in Bengaluru; Editing by Sai Sachin Ravikumar All quotes delayed a minimum of 15 minutes. See here for a complete list of exchanges and delays. Š 2018 Reuters. All Rights Reserved. Show less Read more
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