
09-15-2009, 07:13 AM
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| Member | | Join Date: Aug 2009
Posts: 57
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Shamrock Activist Fund reports 6.37% Mobile Mini satke
Shamrock Activist Fund reports 6.37% Mobile Mini satke
Shamrock plans to discuss ideas to enhance long-term value with the company. To increase the company’s long-term value, they believe the company should, among other things: improve its capital allocation process; concentrate on its core businesses; review strategic alternatives for improving return on invested capital; increase transparency in its public disclosure; strengthen the link between executive compensation and the company’s performance; and enhance its corporate governance by, among other things, declassifying the board of directors, implementing a majority voting standard for uncontested director elections, allowing the company’s “poison pill” shareholder rights plan to expire on its stated expiration date of December 30, 2009 and providing that no future “poison pill” will be implemented without shareholder approval, providing shareholders with the right to call a special meeting and adopting an annual shareholder advisory vote on executive compensation. Shamrock also believes that the company would benefit from the addition of new members to the board of directors, especially those proposed by the company’s larger shareholders, including, for example, the Shamrock Activist Value Fund. :theflyonthewall.com
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