Legion Partners Sends Letter to Twilio (TWLO) Board
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Legion Partners Sends Letter to Twilio Board of Directors
February 26, 2024 7:00 AM ESTUrges Company to Sell Segment Business and Significantly Expand Stock Buyback Program
LOS ANGELES--(BUSINESS WIRE)-- Legion Partners Asset Management, LLC, together with its affiliates (collectively, Legion Partners), which beneficially owns 601,050 shares, of Twilio Inc. (Twilio or the Company) (NYSE: TWLO) common stock, today sent a letter to the Companys Board of Directors encouraging it to announce a strategic alternative process to sell the Segment business and immediately expand its stock buyback program by at least an additional $3 billion.
The full text of the letter follows:
February 26,... More
