GSE Systems announces Glass Lewis recommended shareholders to vote FOR merger
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Oct 23 2024
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Glass Lewis Recommendation: The independent proxy advisory firm Glass Lewis & Co. has recommended that GSE shareholders vote "FOR" the merger agreement with Nuclear Engineering Holdings LLC and Gamma Nuclear Merger Sub, citing a comprehensive strategic review and potential benefits for shareholders.
Caution on Shareholder Voting: Glass Lewis warns that Bradley Radoff, who recently acquired a stake in GSE, will not be eligible to vote at the special meeting due to the timing of his acquisition, emphasizing that he has not presented an alternative proposal.
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.
