Grifols Shareholder Mason Capital Calls for Board to Be Replaced [Yahoo! Finance]
GRIFOLS SA S/ADR (GIKLY)
NASDAQ:AMEX Investor Relations:
grifols.com/en/web/international/investor-relations/home-page
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Source: Yahoo! Finance
Riyadh Metro Partially Opens in Bid to Ease City's Traffic Jams As Wars Rage, Cities Face a Dark New Era of Urban Destruction The co-founder of the New York-based hedge fund demanded a seat on the Grifols board during Brookfield Asset Management's failed attempt to win control of the company. Now he's orchestrating a campaign to revamp the drug maker's board, namely by ousting Tomas Daga, a veteran director and long-time friend of the founding family. Garschina, speaking in a rare interview, accused Daga of conflict of interest and acting at the board as a proxy to the family, which owns about a third of the company. “He is in de facto control of the board,” Garschina told Bloomberg News. “He's run everything from the capital allocation to choosing directors, to choosing when to finance the balance sheet, and many of those decisions have been value destructive.” Daga, when contacted about the allegations, said he had put his position at the disposal of other board members a
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