Ferro, Activist Investors Reach Deal In Proxy Fight

Law360, New York (May 9, 2013, 1:29 PM EDT) -- Ferro Corp. and a group of activist fund investors have settled a contentious proxy fight by agreeing to nominate two of the three board candidates sought by the fund group, the Ohio-based chemical company said Wednesday.

The deal will allow the funds, collectively known as the FrontFour-Quinpario Group, will get two of their desired nominees onto the Ferro board: David Lorber and Quinpario Partner Chairman and CEO Jeffry Quinn. The third nominee will be an existing Ferro board member, Ronald Vargo, while two other current members...
To view the full article, register now.