Ramius Discloses 12% Stake In SurModics (SRDX), Nominates 3 to Board
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Ramius filed a 13D on SurModics Inc. (Nasdaq: SRDX) disclosing a 12 percent stake and a letter to the Board of Directors announcing that it has nominated three directors.
Ramius cites the long-term underperformance of the Company's business and stock price.
Ramius believes a negotiated resolution that results in a mutually agreeable, reconstituted Board is in the best interests of the Company's shareholders.
Full Text of Letter Here
Ramius cites the long-term underperformance of the Company's business and stock price.
Ramius believes a negotiated resolution that results in a mutually agreeable, reconstituted Board is in the best interests of the Company's shareholders.
Full Text of Letter Here
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