logo
  

Genesco Urges Shareholders To Vote 'FOR' All Nine Directors

Genesco Inc. (GCO) said Monday that it urged its shareholders to vote for all nine of its directors on blue proxy card at its annual meeting of shareholders, which is scheduled to be held on July 20, 2021.

Genesco believes a hedge fund, Legion Partners Asset Management's nominees would disrupt substantial progress and business momentum.

Genesco said it believes Legion's actions of flip-flopping on the Lids transaction demonstrate the fund's lack of conviction about its preferred strategy for Genesco, while its attempt to falsely take credit for the divestiture years later raises serious questions about Legion's credibility.

For comments and feedback contact: editorial@rttnews.com

Business News

Editors Pick
Activity in the U.S. manufacturing sector slowed by more than expected in the month of September but still saw continued growth, according to a report released by the Institute for Supply Management on Monday. Stocks have moved sharply higher in morning trading on Monday, regaining ground following a dismal September. The major averages have all shown substantial moves to the upside. Swedish geneticist Svante Paabo has won this year's Nobel Prize in Physiology/Medicine for his discoveries concerning the genomes of extinct hominins and human evolution. Through his pioneering research, Svante Pääbo accomplished something seemingly impossible: sequencing the genome of the Neanderthal, an extinct relative of present-day humans. He also made the sensational discovery of a previous
RELATED NEWS
Follow RTT