Brief: Engine Capital Sends Letter To 2Seventy’S Board Of Directors Outlining Steps To Maximize Shareholder Value

2Seventy Bio

06/12/2023 13:16

Dec 6 (Reuters) - 2Seventy Bio Inc  TSVT.O :
    * ENGINE CAPITAL SENDS LETTER TO 2SEVENTY’S BOARD OF
DIRECTORS
OUTLINING STEPS TO MAXIMIZE SHAREHOLDER VALUE
    * ENGINE CAPITAL: BELIEVES 2SEVENTY COULD BE "CONSERVATIVELY
WORTH
ABOUT $9 PER SHARE"
    * ENGINE CAPITAL: OWNS APPROXIMATELY 3% OF 2SEVENTY BIO
    * ENGINE CAPITAL: URGES 2SEVENTY TO APPOINT CHIP BAIRD AS
CEO

Source text for Eikon:  ID:nBw6Ckpg0a 
Further company coverage:  TSVT.O 

 ((Reuters.Briefs@thomsonreuters.com;))