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BRIEF-Stuart Olson Shareholders Say Delivered Letter To Stuart Olson Board

Published 2019-01-11, 01:39 p/m
© Reuters.  BRIEF-Stuart Olson Shareholders Say Delivered Letter To Stuart Olson Board

Jan 11 (Reuters) - STUART OLSON VALUE COMMITTEE:

* STUART OLSON VALUE COMMITTEE DELIVERS LETTER TO STUART OLSON BOARD OF DIRECTORS

* STRONGLY ENCOURAGE STUART OLSON BOARD TO LOOK AT STRATEGIC ALTERNATIVES, SPECIFICALLY A SALE OF COMPANY

* CURRENTLY INTEND TO NOMINATE ONE OR MORE DIRECTORS AT 2019 AGM OF STUART OLSON INC

* BELIEVE STUART OLSON IS WORTH APPROXIMATELY $9.70 PER SHARE TO A THIRD-PARTY ACQUIRER

* COMMITTEE IS COMPRISED OF SHAREHOLDERS CRESCENDO PARTNERS L.P. AND JAMARANT CAPITAL L.P.

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