Mack Brewery

Bow Street Sends Letter to Mack-Cali Shareholders Highlighting Board’s History of Broken Promises

Retrieved on: 
Tuesday, May 26, 2020
Other Professional Services, Professional services, Finance, Songs, Real estate, Mack-Cali Realty Corporation, Residential real estate, Cali, Mack Brewery, Mack, Shareholder, H. Bert Mack

Bow Street LLC (Bow Street) is today sending a letter to Mack-Cali Realty Corporation (Mack-Cali or the Company) (NYSE: CLI) shareholders highlighting the need for independence, accountability and oversight in the Mack-Cali Boardroom following a series of broken promises made by the legacy Board of Directors (the Board) and management.

Key Points: 
  • Bow Street LLC (Bow Street) is today sending a letter to Mack-Cali Realty Corporation (Mack-Cali or the Company) (NYSE: CLI) shareholders highlighting the need for independence, accountability and oversight in the Mack-Cali Boardroom following a series of broken promises made by the legacy Board of Directors (the Board) and management.
  • Today, Mack-Cali Realty Corporation (Mack-Cali or the Company) shareholders find themselves back where they were exactly one year ago.
  • Bow Street like all shareholders only makes money when Mack-Calis share price performs.
  • Mack-Cali is a meaningful investment for Bow Street, and, like every single Mack-Cali shareholder, we have endured years of underperformance and disappointment.

Proxy Advisory Firm Glass Lewis Recommends Mack-Cali Shareholders Vote Bow Street’s Gold Proxy Card for Bow Street Nominees MaryAnne Gilmartin and Frederic Cumenal

Retrieved on: 
Monday, June 3, 2019
Professional services, Banking, Finance, Glass Lewis, Proxy, Center for Computer-Assisted Legal Instruction, Cali, Mack Brewery, Willie Mack, States of the United States, United States

Glass Lewis recommendation follows Institutional Shareholder Services Inc.s (ISS) recommendation that Mack-Cali shareholders vote the GOLD proxy card FOR Bow Streets nominees MaryAnne Gilmartin, Nori Gerardo Lietz and Alan Batkin.

Key Points: 
  • Glass Lewis recommendation follows Institutional Shareholder Services Inc.s (ISS) recommendation that Mack-Cali shareholders vote the GOLD proxy card FOR Bow Streets nominees MaryAnne Gilmartin, Nori Gerardo Lietz and Alan Batkin.
  • we're of the opinion that Bow Street nominees Ms. Gilmartin and Mr. Cumenal would be strong additions to the Mack-Cali board at this time.
  • Bow Street encourages all Mack-Cali shareholders to visit http://bowstreetllc.com/mack-cali/ to review additional information regarding THE CASE FOR CHANGE AT MACK-CALI.
  • Please vote today by telephone, via the Internet or
    by signing, dating and returning the enclosed GOLD proxy card.