WSJ Covers Potomac’s Deal for Board Seats at Sigma Designs

Firm News

The Wall Street Journal (subscription required) and other media reported on the successful negotiation of a settlement by Olshan client Potomac Capital Partners with set-top box chipmaker Sigma Designs (SIGM). Potomac had launched a proxy contest seeking to elect a slate of three director candidates to SIGM’s Board at the 2012 Annual Meeting.  Under the agreement, SIGM agreed to create a five-member board with two new members recommended by Potomac, as well as a mutually-agreeable fifth director. Potomac is one of SIGM’s largest shareholders with a 7.9% stake. Steve Wolosky, Elizabeth Gonzalez, and Amanda Lamson represented Potomac in connection with its proxy solicitation activities.  Andrew Freedman assisted with leading the settlement negotiations.

Media Contact

Marketing Contact
Mizi Mehaj
Marketing & Administrative Manager

Jump to Page

Necessary Cookies

Necessary cookies enable core functionality such as security, network management, and accessibility. You may disable these by changing your browser settings, but this may affect how the website functions.

Analytical Cookies

Analytical cookies help us improve our website by collecting and reporting information on its usage. We access and process information from these cookies at an aggregate level.