Engine Capital Sends Letter To Parkland's Board Of Directors

March 22, 2023 08:14 AM EDT | By Reuters
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March 22 (Reuters) - Parkland Corp:

* ENGINE CAPITAL SENDS LETTER TO PARKLAND'S BOARD OF DIRECTORS

* ENGINE CAPITAL - CALLS ON PARKLAND BOARD TO INITIATE STRATEGIC ALTERNATIVES PROCESS, INCLUDING EVALUATING SALE OR TAX-FREE SPINOFF OF NON-CORE ASSETS

* ENGINE CAPITAL LP - OWNS ABOUT 2.0% OF PARKLAND CORP'S OUTSTANDING SHARES

* ENGINE CAPITAL - IF PARKLAND BOARD "UNWILLING TO OPTIMIZE BUSINESS", BOARD SHOULD CONSIDER SALE OF CO TO PRIVATE EQUITY/STRATEGIC BUYERS Source text for Eikon: Further company coverage:


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