Proxy adviser Glass Lewis backs SilverBow nominees in Kimmeridge board spat [Reuters]
SilverBow Resorces, Inc. (SBOW)
Last silverbow resorces, inc. earnings: 3/4 04:05 pm
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Source: Reuters
May 9 (Reuters) - Proxy adviser Glass Lewis on Thursday recommended shareholders of SilverBow Resources vote for the company's board nominees, and withhold support for directors backed by activist investment firm Kimmeridge Energy Management. Kimmeridge, the largest shareholder in SilverBow, is aiming to seat three new independent directors at the oil and gas producer's annual shareholder meeting on May 21, saying the company needs to revamp its governance and improve performance. However, Glass Lewis said it recommended backing the three director nominees submitted by SilverBow, and shareholders should withhold votes for the Kimmeridge-supported nominees, according to a copy of its report seen by Reuters. "While we acknowledge Kimmeridge's industry credibility, we do not believe there exists sufficiently compelling cause to endorse the dissident nominees at this time," Glass Lewis wrote in the report. Report this ad The proxy adviser said SilverBow's improved operating per
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News
- INVESTIGATION: The M&A Class Action Firm Announces An Investigation of SilverBow Resources, Inc. - SBOWPR Newswire
- SilverBow Resources Acquired By Crescent Energy, Unlocking Value [Seeking Alpha]Seeking Alpha
- SBOW Alert: Monsey Firm of Wohl & Fruchter Investigates Proposed Merger of SilverBow Resources and Crescent Energy CompanyGlobeNewswire
- SHAREHOLDER INVESTIGATION: Halper Sadeh LLC Investigates SBOW, CRGY, HMNF, SQSPGlobeNewswire
- Shareholder Alert: Ademi LLP investigates whether SilverBow Resources, Inc. has obtained a Fair Price in its Transaction with Crescent EnergyPR Newswire
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- 5/1/24 - Beat
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- 5/16/24 - Form 425
- 5/16/24 - Form 425
- 5/16/24 - Form 425
- SBOW's page on the SEC website