Everbridge Beats Ancora Advisors
What’s New In Activism – Everbridge Beats AncoraSoftware maker Everbridge Inc (NASDAQ:EVBG) said all of its nine directors were reelected at the annual meeting, including Chairman Jaime Ellertson and three other board members targeted by 4% shareholder Ancora. However, lead director and Nominating and Corporate Governance Committee Chair Bruns Grayson received less than 50% support from shareholders at the annual meeting. Q1 2022 hedge fund letters, conferences and more Activist Ancora Advisors had campaigned to remove four directors after pushing for a sale to unlock extra value. On May 26, A...