Olshan Client GAMCO Asset Management Obtains Board Representation at Materion Corporation
March 18, 2014
Crain's, The Fly on the Wall and other media outlets reported that Olshan client GAMCO Asset Management reached a settlement agreement with Materion Corporation for the addition of its independent director candidate to Materion’s Board of Directors. Materion also agreed to certain corporate governance enhancements requested by GAMCO, including opting out of certain anti-takeover provisions under Ohio law and resolving not to unilaterally adopt a shareholder rights plan or issue preferred stock without shareholder approval. Steve Wolosky represents GAMCO in connection with its investment in Materion.