ISS Recommends BBBY Shareholders Vote "FOR" All Proposals, Despite Stock Split Inquiry.
TL;DR Summary
Institutional Shareholder Services (ISS), a leading independent proxy voting and corporate governance advisory firm, has recommended that Bed Bath & Beyond Inc. shareholders vote "FOR" all proposals detailed in the Company's definitive proxy statement filed on April 5, 2023. The Company's upcoming Special Meeting of Shareholders is scheduled to be held on May 9, 2023, and ISS supports the approval of a reverse stock split, which may enable the company to raise sufficient equity capital.
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