Curtiss-Wright Announces Resolution With Saddle Point
Retrieved on:
Wednesday, March 9, 2022
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Curtiss-Wright Corporation (NYSE: CW) (Curtiss-Wright or the Company) announced today an agreement with Saddle Point Management, L.P. (together with its affiliates, Saddle Point) pursuant to which Saddle Point has withdrawn its proposals and its nominees for election to the Companys Board of Directors (Board) at the Companys upcoming 2022 Annual Meeting of Stockholders.
Key Points:
- Curtiss-Wright Corporation (NYSE: CW) (Curtiss-Wright or the Company) announced today an agreement with Saddle Point Management, L.P. (together with its affiliates, Saddle Point) pursuant to which Saddle Point has withdrawn its proposals and its nominees for election to the Companys Board of Directors (Board) at the Companys upcoming 2022 Annual Meeting of Stockholders.
- We thank Saddle Point for its interest and input as a constructive Curtiss-Wright shareholder.
- We thank Curtiss-Wright for its offer of continued dialogue as well as its acknowledgement of Saddle Points deep work, said Roy J. Katzovicz, CEO of Saddle Point Management.
- Saddle Point Management, L.P. is a private investment firm focused on public and private investments.