Sandell Urges TPC Group To Reopen Negotiations With Innospec
The best way to maximize TPCG's value for the benefit of all shareholders is to engage in an auction with all interested and bona fide bidders. Your fiduciary duties require that you affirmatively seek to obtain the highest available price for TPCG, and to do so we urge you to fully cooperate with Innospec, allowing them to complete due diligence and seek to have them increase their offer.
Sincerely,Thomas E. SandellChief Executive Officer
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