Brief: Lakeview Issues Open Letter To Pitney Bowes' Board Calling For Expeditious Sale Of GEC

Pitney Bowes

30/04/2024 14:22

April 30 (Reuters) - Pitney Bowes Inc  PBI.N :
    * LAKEVIEW ISSUES OPEN LETTER TO PITNEY BOWES' BOARD OF
DIRECTORS
CALLING FOR EXPEDITIOUS SALE OF GEC
    * LAKEVIEW INVESTMENT GROUP & TRADING: BELIEVES PITNEY BOWES
MUST
EXPLORE ALL PATHS TO SHAREHOLDER VALUE, INCLUDING REVIEW OF
STRATEGIC ALTERNATIVES
    * LAKEVIEW INVESTMENT GROUP & TRADING: BENEFICIALLY OWNS
APPROXIMATELY 2.55% OF OUTSTANDING COMMON SHARES OF PITNEY BOWES
    * LAKEVIEW INVESTMENT GROUP & TRADING: PITNEY BOWES NEEDS
PERMANENT LEADERS FOLLOWING "UNACCEPTABLE CHURN" IN EXECUTIVE
RANKS
    * LAKEVIEW INVESTMENT GROUP & TRADING: ARE SUPPORTIVE OF
PITNEY
BOWES' ANTICIPATED APPOINTMENT OF JILL SUTTON AS CHAIR FOLLOWING
2024 ANNUAL MEETING
    * LAKEVIEW INVESTMENT GROUP & TRADING: BELIEVE THERE ARE
STRATEGIC
BUYERS THAT WOULD BE INTERESTED IN ACQUIRING ALL OR PART OF
PITNEY BOWES' GEC UNIT

Source text for Eikon:  ID:nBw6ZYb8va 
Further company coverage:  PBI.N 

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