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