Stillwater Urges Investors To Reject Clinton Takeover

Law360, New York (April 8, 2013, 7:00 PM EDT) -- Stillwater Mining Co. fought back against takeover efforts from hedge fund Clinton Group Inc. on Monday, telling shareholders in an open letter that Clinton doesn't understand its business and has made “misguided demands” to Stillwater shareholders.

Stillwater asked its investors to reject Clinton's proposed board of directors nominees, saying the company's own members were far more qualified to lead the platinum-group metal producer.

“We believe they have a self-serving agenda, do not understand the company's business, and pose a significant threat to the value of your...
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