Brief: MSC INDUSTRIAL Gets Proposal From Controlling Shareholders To Exchange High-Vote Stock And Eliminate Dual-Class Share Structure
06/02/2023 16:26
Feb 6 (Reuters) - MSC Industrial Direct Co Inc MSM.N :
* MSC INDUSTRIAL DIRECT CO INC- GETS PROPOSAL FROM
CONTROLLING
SHAREHOLDERS TO EXCHANGE HIGH-VOTE STOCK AND ELIMINATE
DUAL-CLASS SHARE STRUCTURE
* MSC INDUSTRIAL DIRECT CO INC - BOARD HAS FORMED A SPECIAL
COMMITTEE COMPOSED ENTIRELY OF INDEPENDENT DIRECTORS TO EVALUATE
PROPOSAL
Source text for Eikon: ID:nPn1ZCb6Ka
Further company coverage: MSM.N
((Reuters.Briefs@thomsonreuters.com;))
Recent news on MSC Industrial Direct
See all newsMSC Industrial Direct Co., Inc. reports results for the quarter ended August 31 - Earnings Summary
MSC Industrial Q4 sales slightly beat on core customer growth
U.S. STOCKS ON THE MOVE-Kroger, Meta, Sable
U.S. STOCKS ON THE MOVE-General Mills, Meta, Lockheed Martin
Msc Industrial Direct Co., Inc reports results for the quarter ended May 31 - Earnings Summary