GAMCO Folds on Rejection of Proxy Access Nominee
As previously noted, National Fuel Gas had rejected a proxy access nominee submitted by GAMCO Asset Management Inc. because of non-conformance with National Fuel’s proxy access by-law. Many wondered what would happen next. It didn’t take long to find out, as GAMCO has filed an amended Schedule13D which notes “Lance Bakrow informed GAMCO this morning that he has decided to withdraw him name as a candidate for Director of National Fuel Gas Company. GAMCO will not pursue Proxy Access.”
Contact Steve Quinlivan for more information.