Brief: D3 Family Funds Says Support Chris Sansone's Feb 18, Form 13D, Advocating Board Refreshment, Other Changes At Geospace Technologies

Geospace Technologies

02/03/2020 14:29

March 2 (Reuters) - D3 Family Funds:
    * D3 FAMILY FUNDS- SUPPORT CHRIS SANSONE'S FEB 18, FORM 13D,
ADVOCATING BOARD REFRESHMENT, OTHER CHANGES AT GEOSPACE
TECHNOLOGIES
    * D3 FAMILY FUNDS- OWNS 4% OF GEOSPACE TECHNOLOGIES
    * D3 FAMILY FUNDS- GEOSPACE BOARD REFRESHMENT COULD BRING
FRESH
PERSPECTIVES, INDEPENDENCE, OBJECTIVITY, AND APPROPRIATE
DIRECTORIAL SKEPTICISM
    * D3 FAMILY FUNDS-  BELIEVE THAT FOUR DIRECTORS SHOULD BE
SUCCEEDED BY NEW ONES IN AN ORDERLY TRANSITION
    * D3 FAMILY FUNDS- A NEW GEOS' BOARD SHOULD DETERMINE
WHETHER
SHAREHOLDERS BENEFIT FROM CO REMAINING AN INDEPENDENT PUBLIC CO
    * D3 FAMILY FUNDS- NEW GEOS BOARD TO DECIDE IF SUM OF
VARIOUS
PARTS OF CO SOLD SEPARATELY, MIGHT BE WORTH SUBSTANTIALLY MORE
THAN CURRENT ENTERPRISE VALUE

Source text for Eikon:  ID:nPn6Vpf58a 

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