Brief: Orthofix Announces Agreement With Engine Capital And Appointment Of Three New Independent Directors

Orthofix Medical

12/12/2023 12:20

Dec 12 (Reuters) - Orthofix Medical Inc  OFIX.O :
    * ORTHOFIX ANNOUNCES AGREEMENT WITH ENGINE CAPITAL AND
APPOINTMENT
OF THREE NEW INDEPENDENT DIRECTORS TO FURTHER ADVANCE POSITION
AS LEADING GLOBAL SPINE AND ORTHOPEDICS COMPANY
    * ORTHOFIX MEDICAL INC - APPOINTMENTS FOLLOW CONSTRUCTIVE
ENGAGEMENT AND ENTRY INTO A COOPERATION AGREEMENT WITH ENGINE
CAPITAL MANAGEMENT, LP
    * ORTHOFIX MEDICAL INC - ORTHOFIX'S BOARD WILL CONSIST OF 12
DIRECTORS, 11 OF WHOM ARE EXPECTED TO BE INDEPENDENT AS OF EARLY
2024
    * ORTHOFIX MEDICAL INC - IT IS EXPECTED THAT BOARD WILL BE
REDUCED
TO NINE MEMBERS AT 2024 ANNUAL MEETING

Source text for Eikon:  ID:nBw4hbqSRa 
Further company coverage:  OFIX.O 

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