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BRIEF-Depomed and Starboard announce settlement agreement
2016年10月17日 / 晚上8点07分 / 1 年前

BRIEF-Depomed and Starboard announce settlement agreement

Oct 17 (Reuters) - Depomed Inc

* Depomed and Starboard announce settlement agreement

* Starboard to withdraw request for special meeting

* Depomed says in connection with entering into agreement, board amended company’s bylaws

* Says 3 independent directors appointed by Starboard, James Fogarty, Robert Savage and James L. Tyree, will join current directors on Depomed board

* Depomed says Starboard, which is 9.8 percent shareholder in company, agreed to certain standstill restrictions until beginning of this nomination period

* Says amended bylaws to move window for shareholders to make nominations of directors at 2017 annual shareholder meeting to March 15 through April 15, 2017 Source text for Eikon: Further company coverage:

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