Investors offer fractured response to Steel Partners’ revised plan
Fri Jun 19, 2009
Investors in Warren Lichtenstein's embattled Steel Partners
were not of one mind in their response to his revised
restructuring plan. While a majority of investors support an
option to receive cash and a share of a public company, about a
third of investors remain unhappy with the options offered by
Last year, investors representing 40% of the assets in the
$1.23 billion Steel Partners II sought to redeem from
ISSN: 2151-1845 / CDC10004H
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