Brief: Meridian says To Withdraw Lawsuit Against Cyanotech Chairman

Cyanotech

29/10/2018 15:36

Oct 29 (Reuters) - MERIDIAN OHC PARTNERS:
    * DECIDED TO WITHDRAW LAWSUIT AGAINST MICHAEL DAVIS,
CYANOTECH’S
CHAIRMAN OF THE BOARD AND THE COMPANY’S LARGEST SHAREHOLDER
    * REPORTS A 13.3 PERCENT STAKE IN CYANOTECH CORP AS OF
OCTOBER 26,
2018 - SEC FILING
    * DECIDED TO WITHDRAW LAWSUIT AGAINST RUDOLF STEINER
FOUNDATION
CYANOTECH’S SECOND LARGEST SHAREHOLDER
    * BELIEVES THE LITIGATION IS NO LONGER NECESSARY

Source (https://bit.ly/2JotDXY)
Further company coverage:  CYAN.O 

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