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180 Degree Capital Corp. Notes Opportunistic and Discounted Retirement of Preferred Stock and Repurchase of Notes by its Portfolio Company Synchronoss Technologies, Inc. (SNCR)
180 Degree Capital 180 Degree Capital (US:TURN) Newsfilterยท2024-07-01 12:45

"This transaction is a great example of what 180 Degree Capital means by constructive activism," added Daniel B. Wolfe, President of 180 Degree Capital. "Since our original investment in 2021, we developed a strong relationship with the impressive management team of SNCR. We welcomed the opportunity to join SNCR's Board of Directors in December 2023 when SNCR's common stock was trading at $4.66 because we believed that our complementary skill sets could help unlock value for all stakeholders of SNCR. We als ...