Market Overview

UPDATE: Enzo Biochem Issues Open Letter to Shareholders


Enzo Biochem, Inc. (NYSE: ENZ) ("Enzo") has issued the below letter to

December 22, 2015

Dear Fellow Shareholder,

Enzo Biochem, Inc. will hold its 2015 Annual Meeting of Shareholders on
January 6, 2016. This year's meeting is particularly important, as a
small-cap activist investor, Lone Star Value, owning only approximately
1.0% of the Company's outstanding shares, is seeking control of your
independent board members. Lone Star, led by its Principal and Founder
Jeffrey Eberwein, is a serial short-term activist investor that has
demonstrated a track record of value destruction at the expense of
shareholders and the companies that it systematically

See full press release

Posted-In: News Management Press Releases


Related Articles (ENZ)

View Comments and Join the Discussion!