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Article: Stockholder Group Nominates Three Directors to the Cavalier Homes Board.
- Article from:
- PR Newswire
- Article date:
- March 12, 2009
CopyrightCOPYRIGHT 2009 PR Newswire Association LLC. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Demands Stockholder List
FORT WORTH, Texas, March 12 /PRNewswire/ -- A group of concerned stockholders of Cavalier Homes, Inc. announced today that it has demanded a list of stockholders from Cavalier, in connection with the group's nomination of three directors to the Cavalier board of directors at the 2009 annual meeting of stockholders. The nominees, Michael R. O'Connor, Kenneth E. Shipley and Curtis D. Hodgson, together with their affiliates, beneficially own approximately 9.5% of Cavalier's common stock.
In January 2009, the Cavalier stockholder group attempted to initiate a dialogue with Cavalier on how best to maximize stockholder value. ...