LSB Industries Disappointed in Letter from Engine Capital
LSB Industries (NYSE: LXU) today commented on the open
letter issued by Engine Capital.
The Company issued the following statement:
We are disappointed that Engine Capital has decided to publish this
letter, especially in light of our ongoing dialogue. While it is the
Company's policy not to comment on specific discussions with
shareholders, LSB welcomes open communications with its shareholders and
values their input toward the shared goal of enhancing value. The Board
will thoroughly evaluate Engine Capital's letter with input from the
management team and will respond publicly in due course.