Synalloy Sends Letter to Shareholders Setting the Record Straight
Synalloy Corporation (SYNL)
US:NASDAQ Investor Relations:
investor.synalloy.com/investor-relations
Company Research
Source: Business Wire
Examines Privet’s and UPG’s Nominees’ Lack of Qualifications and Their Efforts to Seize Control of the Board and Business of Synalloy Without Paying Shareholders Any PremiumHighlights the Proactive Steps Taken by the Board and Management Team of Synalloy to Maximize Value, Including by Exploring a Full Range of Strategic Alternatives after the Markets Have StabilizedUrges Shareholders to Sign, Date and Promptly Return the BLUE Proxy Card to Support Synalloy’s Independent, Experienced and Highly Qualified Directors RICHMOND, Va.--(BUSINESS WIRE)--Synalloy Corporation (Nasdaq: SYNL) (“Synalloy” or the “Company”) today issued a letter to shareholders examining the lack of qualifications of the nominees that Privet Fund Management LLC (“Privet”) and UPG Enterprises LLC (“UPG”) included on their dissident slate, and clarifying that Synalloy’s management team and incumbent nominees outmatch the dissident slate in qualifications, possessing extensive experience and expertise in all relev
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