Lakeview Investment Group Issues Statement on Annual Meeting Results of TESSCO Technologies
CHICAGO, Aug. 04, 2021 (GLOBE NEWSWIRE) -- Lakeview Investment Group & Trading Company, LLC, which beneficially owns approximately 11.6% of the outstanding shares of TESSCO Technologies Incorporated (NasdaqGS: TESS) (“Tessco” or the “Company”), making it Tessco’s second largest stockholder, today issued the following statement regarding the results of Tessco’s 2021 annual meeting of stockholders:
- It is now incumbent on the Board to carry out the will of stockholders and accept Mr. Gaffneys resignation without delay.
- We also believe that the annual meeting results (including stockholders staunch opposition to CEO Sandip Mukerjee) represent a strong statement of support for our view that a sale of the Company is in the best interests of all stockholders.
- Lakeview Investment Group is a Chicago-based investment manager, founded in 2004, with a focus on small- and mid-cap companies.
- On select occasions, Lakeview engages directly with company management to help drive shareholder value.