Lakeview Issues Open Letter to Pitney Bowes’ Board of Directors Calling for Expeditious Sale of GEC
Pitney Bowes Inc. (PBI)
Last pitney bowes inc. earnings: 2/4 07:00 am
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US:NYSE Investor Relations:
investorrelations.pitneybowes.com
Company Research
Source: Business Wire
Sees Opportunity to Significantly Reduce Leverage Ratio, Achieve ~3x EV / EBITDA Multiple and Nearly Double Pitney Bowes’ Share Price by Divesting the Company’s Money-Losing GEC BusinessBelieves the Board Must Explore All Paths to Maximizing Shareholder Value, Including by Running a Comprehensive Review of Strategic AlternativesUnderscores the Need for Permanent Leaders Following Unacceptable Turnover in the C-Suite and Boardroom CHICAGO--(BUSINESS WIRE)--Lakeview Investment Group & Trading Company, LLC, which beneficially owns approximately 2.55% of the outstanding common shares of Pitney Bowes, Inc. (NYSE: PBI) (“Pitney Bowes” or the “Company”), today issued the below open letter to the Company’s Board of Directors.***April 30, 2024Pitney Bowes, Inc.Attn: The Board of Directors3001 Summer StreetStamford, CT 06926-0700Members of the Board of Directors,Lakeview Investment Group & Trading Company, LLC (collectively with its affiliates, “Lakeview,” “we” or “us”) beneficially owns app
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PBI
Earnings
- 5/2/24 - Beat
PBI
Sec Filings
- 5/10/24 - Form S-8
- 5/8/24 - Form 4
- 5/8/24 - Form 8-K
- PBI's page on the SEC website