Brief: Red Oak Partners Sends Letter To Educational Development Board

Educational Development

06/07/2018 17:03

July 6 (Reuters) - Red Oak Partners:
    * RED OAK PARTNERS SENDS LETTER TO BOARD OF EDUCATIONAL
DEVELOPMENT CORPORATION
    * RED OAK PARTNERS LLC SAYS INTENDS TO VOTE AGAINST CLASS II
INCUMBENT DIRECTORS OF EDUCATIONAL DEVELOPMENT CORP AT ITS
UPCOMING 2018 ANNUAL MEETING
    * RED OAK PARTNERS LLC SAYS INTENDS TO VOTE AGAINST
EDUCATIONAL
DEVELOPMENT CORP'S MANAGEMENT INCENTIVE PLAN PROPOSAL AT
UPCOMING 2018 ANNUAL MEETING
    * RED OAK PARTNERS LLC SAYS HOLDS A 7.7 PERCENT OWNERSHIP
STAKE IN
EDUCATIONAL DEVELOPMENT CORP
    * RED OAK PARTNERS LLC SAYS INTEND TO VOTE AGAINST ELECTION
OF
EDUCATIONAL DEVELOPMENT CORP'S BOARD'S DIRECTOR NOMINEES, RON
MCDANIEL & KARA GAE NEAL
    * RED OAK PARTNERS - EXPECT DIALOGUE WITH EDUCATIONAL
DEVELOPMENT'S BOARD TO INCLUDE DISCUSSION AROUND SEPARATION OF
CHAIRMAN & CEO ROLES
    * RED OAK - SHOULD EDUCATIONAL DEVELOPMENT BOARD FAIL TO
ENGAGE
WITH US, WILL "LIKELY" CONTEST BOARD WITH OWN DIRECTOR SLATE AT
2019 ANNUAL MEETING

Source text for Eikon:  ID:nPn68S55fa 
Further company coverage:  EDUC.O 

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