stake: This material has been extracted from filings released by the SEC from April 25 through May 1, 2019, according to The Independent. Source Insider Score Activist Holdings Gannett Company GCI On April 25, MNG Enterprises reported in a filing that it held a stake of 8,506,799 shares in the news media publisher, equal to 7.5% of the tradable stock. Subsequent changes in holdings or intentions must be reported in amended filings. MNG also revealed in the filing that it had halved the number of nominees for election to Gannett's board at the upcoming annual shareholders meeting. Select Interiors Concepts SIC ADW Capital Management disclosed on April 30 its stake in the interior home products maker and distributor; the stake amounted to an approximately 9.7% holding, or 2,514,900 shares of Select Interior's outstanding stock. The reduction from six to three candidates resulted from discussions with other shareholders and will provide what MNG believes to be the strongest platform to send a clear message that the board must act now to commence a review of strategic alternatives to maximize shareholder value.
(news.financializer.com). As
reported in the news.
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