USA Technologies Board of Directors Issues Statement on Hudson Executive Capital’s Proxy Contest
USA TECHNOLOGIES (USAT)
Last usa technologies earnings: 2/18 07:30 pm
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US:NASDAQ Investor Relations:
usat.client.shareholder.com
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Source: Business Wire
Urges Shareholders to Protect the Value of Their Investment by Voting the WHITE Proxy Card “FOR” USAT’s Nominees Including Three Nominees Named by HEC MALVERN, Pa.--(BUSINESS WIRE)--USA Technologies, Inc. (OTC:USAT) (“USAT” or the “Company”), a cashless payments and software services company that provides end-to-end technology solutions for the self-service retail market, today issued a statement in response to reports issued by Institutional Shareholder Services Inc. (ISS) and Glass, Lewis & Co. (“Glass Lewis”) regarding the Company’s 2020 Annual Meeting of Shareholders scheduled to be held be held at 9:30 a.m., Eastern Time, on April 30, 2020.USAT’s Board, its management and its business are fundamentally different from when Hudson Executive Capital (“HEC”) began its proxy contest to take control of the Board of the Company. However, HEC’s stated aim in continuing its proxy contest continues to be to “reinvigorate USAT” by changing CEO.The reality is that reinvigoration and chang
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