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Articles from Mason Capital Management LLC

Mason Capital Management to Support Grifols Recommended Director Slate at Upcoming Ordinary General Meeting
Mason Capital Management LLC (“Mason”), a registered investment advisor to funds and accounts holding approximately 3% of Grifols S.A. (“Grifols” or the “Company”) (BME: GRF) (NASDAQ: GRFS) class A shares, today announced that it sent a letter to the Grifols Board of Directors (the “Board”) expressing Mason’s support for the Company’s recommended slate of director candidates for election at the Ordinary General Shareholders’ Meeting to be held on June 4 and 5, 2025.
Mason Capital Management Sends Letter to SEC Requesting Immediate Investigation Into Proxy Advisory Recommendations Regarding JBS Dual Listing Proposal
Mason Capital Management LLC (“Mason”), a registered investment advisor to funds and accounts owning 2.4% of the minority shares of JBS S.A. (“JBS” or the “Company”) (BVMF: JBSS3), today sent a letter to the United States Securities and Exchange Commission (“SEC”) urging the SEC to initiate an inquiry into recent proxy advisory recommendations issued by Institutional Shareholder Services Inc. (“ISS”) and Glass, Lewis & Co. (“Glass Lewis”) in connection with JBS’s proposed listing on the New York Stock Exchange (“NYSE”).
Mason Capital Management Sends Letter to Spanish National Securities Market Commission Regarding Lack of Transparency by Grifols
Mason Capital Management LLC (“Mason”), a registered investment advisor to funds and accounts holding approximately 2.5% of Grifols S.A. (“Grifols” or the “Company”) (BME: GRF) (NASDAQ: GRFS) class A shares, today sent a letter to the Spanish National Securities Market Commission (the “CNMV”) calling the CNMV’s attention to the troubling and value destructive lack of transparency by Grifols and its Board of Directors (the “Board”).
By Mason Capital Management LLC · Via Business Wire · January 13, 2025
Mason Capital Management Requests Immediate Disclosure of Important Information Regarding Conflicted Grifols Director Tomas Daga
Mason Capital Management LLC (“Mason”), a registered investment advisor to funds and accounts holding approximately 2.1% of Grifols S.A. (“Grifols” or the “Company”) (BME: GRF) (NASDAQ: GRFS) class A shares, today sent a letter to the Grifols Board of Directors (the “Board”) requesting the disclosure of important information regarding Tomas Daga, a nearly 25-year member of the Board and the Grifols family’s closest advisor, so that Grifols shareholders have a better understanding of his relationship to Grifols and can make an informed decision about the suitability of his continued service on the Board.
By Mason Capital Management LLC · Via Business Wire · December 4, 2024
Mason Capital Reiterates Corporate Governance Shortcomings and Mismanagement of Grifols Under Current Board of Directors
Mason Capital Management LLC (“Mason”), a registered investment advisor to funds and accounts holding approximately 2.1% of Grifols S.A. (“Grifols” or the “Company”) (BME: GRF) (NASDAQ: GRFS) class A shares, today sent a letter to the Grifols Board of Directors (the “Board”). In the letter, Mason reiterated the Company’s corporate governance deficiencies, which have inflicted large losses on all shareholders and resulted in a rumored take-private by affiliates of Brookfield Asset Management LP and the Grifols family at a significant discount to fair value. Mason demands that Paul Herendeen be added to the Board as candidate designated by a group of minority shareholders in order to restore independent oversight at the Company and unlock shareholder value.
By Mason Capital Management LLC · Via Business Wire · November 19, 2024
Mason Capital Management Highlights Corporate Governance Failures and Significant Shareholder Value Destruction Under Grifols Board of Directors
Mason Capital Management LLC (“Mason”), a registered investment advisor to funds and accounts holding approximately 2.1% of Grifols S.A. (“Grifols” or the “Company”) (BME: GRF) (NASDAQ: GRFS) class A shares, today sent a letter to the Grifols Board of Directors (the “Board”).
By Mason Capital Management LLC · Via Business Wire · November 8, 2024
Consortium Led by Mason Capital Management to Acquire CB&I From McDermott
A consortium led by Mason Capital Management LLC (“Mason”), in partnership with IES Holdings, Inc. (Nasdaq: IESC), Nut Tree Capital Management, LP, 683 Capital Management, LLC, First Pacific Advisors, and other investors, today announced that it has entered into a definitive agreement to acquire the CB&I storage solutions business (“CB&I” or the “Company”), the world’s foremost designer and builder of storage facilities, tanks and terminals for energy and industrial markets, from McDermott International, Ltd. (“McDermott”).
By Mason Capital Management LLC · Via Business Wire · October 7, 2024