LSC Communications, Inc. (LKSD) Social Stream
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$LKSD Sententia Capital Delivers Letter to LSC Communications' Board of Directors PR Newswire March 9, 2020, 9:05 pm Calls on Board to put LKSD stockholders' interest first; May seek to call a Special Meeting to replace directors NEW YORK, March 9, 2020 /PRNewswire/ -- Sententia Capital Management, LLC and its affiliates (collectively, "SENTENTIA") announced that it has delivered a letter to the LSC Communications Board of Directors ("LSC Board"). The LSC Board lacks relevant turnaround, restructuring and mergers and acquisitions experience that is required to best serve shareholders rights. Sententia believes LSC's Board is responsible for the current state of LSC Communications and the Board may seek to expedite bankruptcy filings to preserve management's positions. Sententia is calling on the Board to engage with Sententia immediately for the benefit of all shareholders. Please click the following link to access the full letter: Sententia Letter to the LKSD BoardNBI, published May 13, 2020
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