Wyser-Pratte Congratulates Lagardere for Taking Steps to Dispose of Stake in Canal+
Issues Open Invitation to Lagardere to Meet Before the Company's AGM/EGM to Discuss the Future of 'Our' Company
NEW YORK, April 16 /PRNewswire/ -- Financier and Activist Guy Wyser-Pratte said that he was pleased that the management of Lagardere SCA (MMB.PA) had taken steps towards the disposal of Canal+ which he believes is a positive move toward reduction of the conglomerate discount. He noted that this was a strategic sale that could accelerate much needed shareholder value creation by the Company, but only if sold at the right price.
Mr. Wyser-Pratte is requesting that Arnaud Lagardere meet with him over the weekend prior to the AGM/EGM to discuss the future of "Our Company" and stated: "the agenda of the meeting would be to discuss the implementation of a full strategic review, to assess avenues which would create the best outcome in terms of shareholder value creation, including but limited to the potential change to the corporate governance structure." He added: "I am hopeful that Mr. Lagardere will enter into a cordial dialogue with me in the best interests of the Company and its shareholders."
Mr. Wyser-Pratte continues to urge shareholders to support his two resolutions being presented at the 2010 AGM/EGM to be held on April 27.
VOTE YOUR LAGARDERE SCA SHARES TODAY! |
|
Vote FOR resolutions: 1, 2, 3, 4, 5, 6, 7, 8, 9, 10, 12, 14, A and B |
|
Vote AGAINST resolutions: 11 and 13 |
|
Your vote is important, no matter how many or how few shares you own. If you have any questions or need any assistance voting your shares, please do not hesitate to contact our proxy solicitor, MacKenzie Partners, Inc., by toll-free telephone in the US at 800-322-2885 or 212-929-5500 (Collect); or in the UK +44 (0)203 178 8057; or in France toll-free at 0800-911181 or via e-mail at [email protected].
SOURCE Wyser-Pratte Management Co., Inc.
WANT YOUR COMPANY'S NEWS FEATURED ON PRNEWSWIRE.COM?
Newsrooms &
Influencers
Digital Media
Outlets
Journalists
Opted In
Share this article