Gyrodyne reaches agreement with Star Equity Fund on board changes
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Gyrodyne Announces Agreement with Star Equity Fund
October 17, 2025 4:20 PM EDTAgrees to Board Size Reduction and Certain Director Compensation Limitations; Star Equity Withdraws Nominations
ST. JAMES, N.Y., Oct. 17, 2025 (GLOBE NEWSWIRE) -- Gyrodyne, LLC (Nasdaq: GYRO), an owner and manager of a diversified portfolio of real estate properties (Gyrodyne), today announced that it has entered into an agreement (the Agreement) with Star Equity Fund, LP (Star Equity Fund), under which Star Equity Fund has withdrawn its slate of nominees for election at the 2025 annual shareholders meeting, and Gyrodyne will reduce the size of its board from five to four directors, freeze... More
