Skky Capital wants to hold the shareholder meeting on or before May 10, saying it has lost confidence in Canaccord’s special committee
wants to remove the four directors on the company’s board that form a special committee that has opposed a buyout offer for the firm by a management-led group of employees.
It says it has lost confidence in the special committee and the board and that the sale of the company in a single transaction to a single buyer offers deal certainty at an attractive valuation and is preferable to separating assets and selling them.
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