Sensient urges shareholders to reject hedge fund’s bid for board seats

Journal Sentinel – The Sensient Technologies Corp. board took its case to retain control of the company directly to shareholders Monday, sending them a letter sharply critical of a hedge fund that is bidding to win four director seats.

The fund has “offered no clear plan” to improve the company’s operations, and its director nominees “lack relevant qualifications and expertise,” the Sensient board said in the letter.

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