BMC Feels Macro, Currency Pressures
Elliott Associates initially nominated five people for BMC's board. After negotiations, BMC agreed to add two new members, John Dillon and Jim Schaper.
"We're pleased with the agreement with Elliott," said Beauchamp, saying that BMC's board has been extended from 10 to 12 directors. "We have a talented, experienced and diverse board - the addition of Mr. Dillon and Mr. Schaper adds to this strength."
"While our focus remains to execute our strategy to be the leader in enterprise IT management, we're always reviewing numerous avenues to build value for our shareholders," he added.
--Written by James Rogers in New York.Follow @jamesjrogers >To submit a news tip, send an email to: firstname.lastname@example.org. Check out our new tech blog, Tech Trends. Follow TheStreet Tech on your wireless devices
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