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A. Schulman, Inc.
A. Schulman Announces Agreement With Ramius LLC
November 28th, 2008
A. Schulman, Inc. (NASDAQ: SHLM) announced that it has reached an agreement with Ramius LLC ("Ramius") that will avoid a proxy contest at the Company's 2008 Annual Meeting of Stockholders scheduled for December 18, 2008. Independent director Peggy G. Miller, 71, has determined not to stand for re-election and has retired from the Board. A process has been identified to fill the resulting vacancy with a qualified and experienced independent director. The Company will form a Selection Committee consisting of independent directors Howard Curd (Chair), Lee Meyer and David G. Birney. Ramius and the Company will each submit at least two names to the Selection Committee no...
Source: Health Business Week (2008-11-28)
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