Avid Recommends Stockholders Follow Recommendations of ISS and Glass Lewis and vote FOR the Transaction with GHO and Ampersand
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Jan 21 2025
0mins
Source: Newsfilter
Avid Bioservices Transaction Support: Avid Bioservices has received recommendations from proxy advisory firms ISS and Glass Lewis to vote "FOR" its proposed transaction with GHO Capital Partners and Ampersand Capital Partners, highlighting the premium value for stockholders.
Voting Encouragement: The Avid Board of Directors unanimously recommends that stockholders participate in the voting process for the transaction, emphasizing the thorough sales process and benefits of cash consideration for shareholders.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
