Brief: Barnhill Responds to TESSCO Settlement Offer with Comprehensive Board Refreshment Proposal

Tessco Technologies

04/12/2020 13:10

Dec 4 (Reuters) - TESSCO Technologies Inc  TESS.O :
    * BARNHILL RESPONDS TO TESSCO SETTLEMENT OFFER WITH BOARD
REFRESHMENT PROPOSAL
    * ROBERT B. BARNHILL - ANNOUNCED THAT HE HAS PROPOSED A
SETTLEMENT
OFFER TO TESCCO
    * ROBERT B. BARNHILL - PROPOSES REFRESHED BOARD CONSISTING
OF
EMILY KELLUM BOSS, J. TIMOTHY BRYAN, JOHN W. DIERCKSEN,
STEPHANIE DISMORE
    * ROBERT B. BARNHILL - PROPOSES REFRESHED BOARD CONSISTING
OF
RONALD D. MCCRAY, KATHLEEN MCLEAN & SANDIP MUKERJEE
    * ROBERT B. BARNHILL - PROPOSES RESTORING CONTROL TO TESSCO
SHAREHOLDERS BY ALLOWING 5%+ HOLDERS OF OUTSTANDING STOCK TO
DESIGNATE UP TO TWO DIRECTORS

Source text for Eikon:  ID:nPn7hC3kMa 
Further company coverage:  TESS.O 

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