Third Independent Advisory Firm Recommends Aerojet Rocketdyne Stockholders Consent to the Calling of a Special Meeting

Rhea-AI Summary

Egan Jones has joined ISS and Glass Lewis in recommending Aerojet Rocketdyne (NYSE: AJRD) stockholders to consent to a special meeting requested by the Committee For Aerojet Rocketdyne Shareholders and Value Maximization. This marks the third independent proxy advisory firm to support the Committee's efforts. Stockholders seeking assistance with the Agent Designation can contact D.F. King & Co. for help. This communication is separate from Aerojet Rocketdyne's official resources, and no company resources were utilized.

Positive

• Egan Jones is the third independent proxy advisory firm to support calling a special meeting.
• Increased backing from multiple advisory firms may signify strong investor interest.

Negative

• None.

— Egan Jones Joins ISS and Glass Lewis in Recommending Stockholders Consent to a Special Meeting

EL SEGUNDO, Calif., May 24, 2022 /PRNewswire/ -- Eileen P. Drake (the CEO of Aerojet Rocketdyne (NYSE: AJRD)) and the other members of the Committee For Aerojet Rocketdyne Shareholders and Value Maximization (the "Committee") today announced that Egan Jones has recommended that stockholders consent to the request of special meeting of stockholders sought by the Committee.

Egan Jones is the third independent proxy advisory firm to recommend that stockholders "CONSENT" to the request of a special meeting sought by the Committee. As previously announced, Institutional Shareholder Services (ISS) and Glass Lewis & Co. have also recommended that stockholders "CONSENT" to the request of a special meeting of stockholders. 

Stockholders that need assistance in executing the Agent Designation, or have any questions, can contact the Committee's solicitor, D.F. King & Co., Inc., at (212) 269-5550 (collect) or via e-mail at AJRD@dfking.com. 

Important Information 

This communication is being sent by members of the Committee in our individual capacity, and not on or behalf of Aerojet Rocketdyne Holdings, Inc. (the "Company"). No Company resources were used in connection with these materials. We have neither sought nor obtained consent from any third party to use any statements or information indicated herein. On May 3, 2022, Eileen P. Drake and the other members of the Committee For Aerojet Rocketdyne Shareholders and Value Maximization filed a definitive solicitation statement with the Securities and Exchange Commission in connection with the solicitation of agent designations to call a special meeting of stockholders of the Company. 

Contact: 
D.F. King & Co., Inc. 
Edward T. McCarthy / Tom Germinario 
AJRD@dfking.com 

Committee's Website:
https://maximizeajrdvalue.com/ 

View original content:https://www.prnewswire.com/news-releases/third-independent-advisory-firm-recommends-aerojet-rocketdyne-stockholders-consent-to-the-calling-of-a-special-meeting-301553853.html

SOURCE Committee for Aerojet Rocketdyne Shareholders and Value Maximization

FAQ

What did Egan Jones recommend for Aerojet Rocketdyne stockholders on May 24, 2022?

Egan Jones recommended that Aerojet Rocketdyne stockholders consent to a special meeting sought by the Committee for Shareholder and Value Maximization.

Which advisory firms support the calling of a special meeting for AJRD stockholders?

Egan Jones, ISS, and Glass Lewis are supporting the request for a special meeting.

What is the significance of the special meeting for Aerojet Rocketdyne stockholders?

The special meeting aims to address shareholder concerns and possibly influence the company's strategic direction.

Who can stockholders contact for assistance regarding the special meeting?

Stockholders can contact D.F. King & Co., Inc. for assistance with the Agent Designation.