Brief: Barnwell Industries Reaches Agreement With MRMP Stockholders To End Potential Proxy Contest
28/01/2021 11:02
Jan 28 (Reuters) - Barnwell Industries Inc BRN.A :
* BARNWELL INDUSTRIES REACHES AGREEMENT WITH MRMP
STOCKHOLDERS TO
END POTENTIAL PROXY CONTEST
* BARNWELL INDUSTRIES - ENTERED INTO AGREEMENT WITH
MRMP-MANAGERS
LLC, NED L. SHERWOOD REVOCABLE TRUST, NED L. SHERWOOD AND
BRADLEY M. TIRPAK
* BARNWELL INDUSTRIES - WILL NOMINATE CURRENT DIRECTORS,
WHICH
INCLUDES 3 OF MRMP NOMINEES & 2 NEW INDEPENDENT DIRECTORS
ELECTED, TO STAND FOR REELECTION
* BARNWELL INDUSTRIES INC - MRMP STOCKHOLDERS HAVE AGREED TO
VOTE
THEIR SHARES OF COMMON STOCK OF COMPANY IN FAVOR OF ELECTION OF
DESIGNATED SLATE
* BARNWELL INDUSTRIES INC - MRMP STOCKHOLDERS HAVE AGREED TO
WITHDRAW THEIR PROPOSED SLATE OF DIRECTORS
Source text for Eikon: ID:nGNXbMcJhW
Further company coverage: BRN.A
((Reuters.Briefs@thomsonreuters.com;))
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