WSI Industries (WSCI) Declares $0.04 Quarterly Dividend; 2.9% Yield
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WSI Industries Board and Special Committee Reject DPW Holdings Demands
March 19, 2018 8:07 AM EDTMinneapolis, Minnesota, March 19, 2018 (GLOBE NEWSWIRE) --
WSI Industries, Inc. (Nasdaq: WSCI) reported that the WSI Board of Directors and the Special Committee of the Board of Directors have responded by letter dated March 19, 2018 to the February 16, 2018 demands made by DPW Holdings, Inc., a WSI shareholder.Â
In its February 16, 2018 letter, DPW Holdings stated its intention to conduct a tender offer for control of over 50% of WSIs shares. DPW Holdings demanded WSI Special Committee approval to become an... More
