18.10.2007 12:45:00
|
MMI Announces Intent to Nominate Directors to The Brink's Company Board
MMI Investments, L.P. today announced its intent to nominate four
director candidates for election at the 2008 Annual Meeting of The Brink’s
Company (NYSE: BCO). MMI is the second largest shareholder of Brink’s
with 4,065,200 shares or 8.4% of the shares outstanding.
Clay Lifflander, Portfolio Manager of MMI, stated, "As
one of the largest shareholders of Brink’s, we
are announcing our intent to nominate four highly qualified candidates
to its board. These director nominees will seek to maximize value for
shareholders of Brink’s by exploring all
strategic and financial opportunities available and decisively pursuing
a course of action. In spite of our numerous contacts with the company,
its board and management remain unwilling to take action to address Brink’s
long-term, sustained undervaluation. This board’s
lack of communication and unwillingness to address these blatant missed
opportunities leave us no recourse but to pursue the election of an
alternative director slate.”
MMI, which first purchased Brink’s shares in
2003, has previously publicly released its analysis of Brink’s
strategic alternatives in filings with the SEC (available at www.sec.gov),
beginning in 2005 with its demand for a sale of Brink’s
BAX Global subsidiary, which subsequently was sold for approximately
$1.1 billion.
The names of the director nominees will be provided to the company when
MMI submits the official notice of nominations pursuant to the company’s
bylaws.
CERTAIN INFORMATION CONCERNING THE PARTICIPANTS MMI Investments, L.P., a Delaware limited partnership ("MMI
Investments"), together with the other participants named herein,
intends to make a preliminary filing with the SEC of a proxy statement
and an accompanying proxy card to be used to solicit votes in connection
with the solicitation of proxies in support its director nominees at the
2008 Annual Meeting of Stockholders of The Brink’s
Company (the "Company"). MMI INVESTMENTS ADVISES ALL STOCKHOLDERS OF THE COMPANY TO READ THE
PROXY STATEMENT AND OTHER PROXY MATERIALS WHEN AND IF THEY BECOME
AVAILABLE BECAUSE THEY WILL CONTAIN IMPORTANT INFORMATION. IN ADDITION,
THE PARTICIPANTS IN THE PROXY SOLICITATION WILL PROVIDE COPIES OF THE
PROXY STATEMENT WHEN AND IF AVAILABLE WITHOUT CHARGE UPON REQUEST.
REQUESTS FOR COPIES SHOULD BE DIRECTED TO THE PARTICIPANTS' PROXY
SOLICITOR, MACKENZIE PARTNERS, INC. BY CALLING (800) 322-2885. ANY SUCH
PROXY MATERIALS WILL ALSO BE AVAILABLE AT NO CHARGE ON THE SEC'S WEB
SITE AT HTTP://WWW.SEC.GOV. MMI Investments is the beneficial owner of 4,065,200 shares of common
stock, $1 par value per share (the "Common
Stock”), of the Company, which shares
represent approximately 8.4% of the outstanding Common Stock. Additional "participants”
in the solicitation of proxies contemplated by the Proxy Statement, as
defined in the proxy rules promulgated by the SEC, are MCM Capital
Management, LLC; John S. Dyson; Clay B. Lifflander; Alan L. Rivera;
Jerome J. Lande; Craig Rosenblum and John W. Powers. Except for the
shares owned by MMI Investments, which the additional participants may
be deemed to beneficially own under SEC rules, none of the additional
participants owns any Common Stock of the Company. Additional
information concerning MMI Investments and the other participants in the
solicitation will be included in the Proxy Statement.
Der finanzen.at Ratgeber für Aktien!
Wenn Sie mehr über das Thema Aktien erfahren wollen, finden Sie in unserem Ratgeber viele interessante Artikel dazu!
Jetzt informieren!
Wenn Sie mehr über das Thema Aktien erfahren wollen, finden Sie in unserem Ratgeber viele interessante Artikel dazu!
Jetzt informieren!
JETZT DEVISEN-CFDS MIT BIS ZU HEBEL 30 HANDELN
Handeln Sie Devisen-CFDs mit kleinen Spreads. Mit nur 100 € können Sie mit der Wirkung von 3.000 Euro Kapital handeln.
82% der Kleinanlegerkonten verlieren Geld beim CFD-Handel mit diesem Anbieter. Sie sollten überlegen, ob Sie es sich leisten können, das hohe Risiko einzugehen, Ihr Geld zu verlieren.
Nachrichten zu The Brink's Companymehr Nachrichten
05.11.24 |
Ausblick: The Brinks Company präsentiert Quartalsergebnisse (finanzen.net) | |
22.10.24 |
Erste Schätzungen: The Brinks Company legt Zahlen zum jüngsten Quartal vor (finanzen.net) | |
06.08.24 |
Ausblick: The Brinks Company legt Zahlen zum jüngsten Quartal vor (finanzen.net) | |
23.07.24 |
Erste Schätzungen: The Brinks Company mit Zahlen zum abgelaufenen Quartal (finanzen.net) |
Analysen zu The Brink's Companymehr Analysen
Aktien in diesem Artikel
The Brink's Company | 92,00 | 1,66% |
Indizes in diesem Artikel
S&P 400 MidCap | 1 854,40 | -0,45% |