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Glass Lewis Recommends Aerojet Rocketdyne Stockholders Vote FOR Request to Call Special Meeting of StockholdersEL SEGUNDO, Calif., May 16, 2022 /PRNewswire/ -- Eileen Drake (the CEO of Aerojet Rocketdyne (NYSE: AJRD)) and the other members of the Committee For Aerojet Rocketdyne Shareholders and Value Maximization (the "Committee") today announced that Glass, Lewis & Co. has recommended that stockholders consent to the request of special meeting of stockholders sought by the Committee. Glass Lewis is one of the nation's leading independent proxy voting advisory services, and their recommendations are relied upon by hundreds of major institutional investment firms, mutual funds and other fiduciaries. In supporting Ms. Drake's and the Committee's solicitation to call a special meeting, Glass Lewis reviewed the history of Mr. Lichtenstein's string of ever-evolving excuses over the last three months to continuously push out the 2022 annual meeting of stockholders and concluded:
In particular, Glass Lewis highlighted Mr. Lichtenstein's recent statement that his proposed mid-July annual meeting date would likely occur "just weeks" after the special meeting. Glass Lewis stated:
Shareholders with questions can contact our solicitor: D.F. King & Co., (212) 269-5550 (collect) or via e-mail at [email protected]. Important Information This communication is being sent by members of the Committee in our individual capacity, and not on or behalf of Aerojet Rocketdyne Holdings, Inc (the "Company"). No Company resources were used in connection with these materials. We have neither sought nor obtained consent from any third party to use any statements or information indicated herein. On May 3, 2022, Eileen P. Drake and the other members of the Committee For Aerojet Rocketdyne Shareholders and Value Maximization filed a definitive solicitation statement with the Securities and Exchange Commission in connection with the solicitation of agent designations to call a special meeting of stockholders of the Company. Contact: View original content:https://www.prnewswire.com/news-releases/glass-lewis-recommends-aerojet-rocketdyne-stockholders-vote-for-request-to-call-special-meeting-of-stockholders-301548000.html SOURCE Committee for Aerojet Rocketdyne Shareholders and Value Maximization |