Synalloy Files Definitive Proxy Statement and Sends Letter to Shareholders
Synalloy Corporation (SYNL)
US:NASDAQ Investor Relations:
investor.synalloy.com/investor-relations
Company Research
Source: Business Wire
Recommends Shareholders Sign, Date, and Promptly Return the BLUE Proxy Card to Support Synalloy’s Independent, Experienced and Highly Qualified Directors RICHMOND, Va.--(BUSINESS WIRE)--The Board of Directors (the “Board”) of Synalloy Corporation (Nasdaq: SYNL) (“Synalloy” or the “Company”) today filed its definitive proxy statement and issued a letter to shareholders.The letter to shareholders highlights the Company’s recent operational achievements and extensive constructive efforts to engage with Privet Fund Management LLC (“Privet”) and UPG Enterprises LLC (“UPG”), which are seeking to take over the Board and business of Synalloy without paying any control premium to all shareholders and with speculative turnaround plans that could destroy shareholder value. The letter also highlights the Company’s commitment to successfully operating the high quality set of assets it has deliberately assembled, and to delivering increased value and liquidity to shareholders, including committi
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