Obrem Capital Sends Letter to Micrel (MCRL) Stockholders
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Obrem Capital Management, LLC is sending a letter to the stockholders of Micrel, Incorporated (NASDAQ: MCRL) urging them to hold Micrel's Board of Directors accountable for the Company's decade-long underperformance by electing Obrem's director nominees to Micrel's Board at a special meeting of stockholders to be held on May 20, 2008.
In its letter, Obrem Capital chronicles Micrel's many missteps that have resulted in a long-term erosion of stockholder value. [[[JT]]]
Full text of letter.
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