Orthofix International Announces Preliminary Results Of Special Meeting of Shareholders in Favor of Company on all Proposals
BOSTON–(BUSINESS WIRE)–Orthofix International N.V. (NASDAQ: OFIX – News) (the Company) announced the preliminary results of a Special General Meeting of Shareholders held today in which the Company’s shareholders have voted against each proposal by a dissident shareholder to remove four incumbent members of the Board of Directors.
Orthofix’s announcement was based on a preliminary vote count provided by the Company’s proxy solicitor, Georgeson, which is subject to the official tabulation of voting results that will be provided by the independent inspector of elections for the special meeting, IVS Associates, Inc., in approximately one week.
“We are committed to further demonstrating operational and financial improvements as we have done over the past several months,” said Orthofix President and CEO Alan Milinazzo. “We appreciate the time and energy our shareholders have given to this contest.”