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22NW reached an agreement with Farmer Bros. Co. (FARM)
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22NW reached an agreement with Farmer Bros. Co. (FARM)

Jul 05, 2024
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Snowball Research
Snowball Research
22NW reached an agreement with Farmer Bros. Co. (FARM)
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Key Summary: On September 14, 2022, JCP Investment Management and Bradley L. Radoff, holding 5.3%, nominated three board candidates. On October 3, they formed a group with 22NW Parties, totaling 17.2%. By October 31, a cooperation agreement led to Bradley L. Radoff’s appointment to the board. On November 7, 2023, JCP and 22NW reached a letter agreement …

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