LSC Communications management, board chided again in another letter from Sententia
March 19, 2020
NEW YORK (News release) -- Sententia Capital Management, LLC and its affiliates announced that it has delivered a letter to the LSC Communications Board of Directors and stockholders.
"We are disappointed at the lack of urgency and concern that Mr. Quinlan and the LKSD Board has shown these past few weeks as we have attempted to engage constructively on behalf of stockholders. We call on the Board to be forthcoming with their plans to address LKSD's liquidity concerns. We also urge fellow stockholders to reach out directly to LKSD to express their concerns," commented Michael Zapata.
Sententia has nominated six directors and are committed to working for the benefit of stockholders.
Please click the following link to access the full letter: