Delek Rejects Board Nominations By Icahn-Controlled CVR
What’s New In ActivismIn a potential early signal of success for issuers this proxy season, Delek US Holdings Inc (NYSE:DK) and Tegna emerged from last week’s meetings unscathed, while Prescience Point dropped its fight at MiMedx Group Inc (NASDAQ:MDXG). Q1 2021 hedge fund letters, conferences and more Shareholders at Delek rejected three directors nominated by Carl Icahn-controlled CVR Energy and elected management's entire slate after proxy advisory firms Institutional Shareholder Services and Glass Lewis made recommendations to back the incumbent board. Tegna also gained approval for all 12...