On October 29, 2015, Monarch Alternative Capital LP announced that it sent a letter to the independent members of the Scorpio Bulkers Inc.'s board of directors in light of the Company's lack of responsiveness to the steps Monarch had outlined 3 months before, on July 28, in its previous letter to the Independent Directors. Accordingly, Monarch presented to the Independent Directors, in the letter, 2 candidates, Kurt Cellar and Jim Nish, for immediate addition to the Board and for subsequent nomination and support by the Board for election at the Company's 2016 annual general meeting.
1st Jan change | Capi. | |
---|---|---|
+43.21% | 13.54B | |
+37.87% | 4.77B | |
+38.06% | 4.16B | |
+20.88% | 2.91B | |
+91.19% | 2.27B | |
+32.36% | 2.12B | |
-9.85% | 2.01B | |
+26.49% | 2.01B | |
+41.92% | 1.7B |