Standard Brands Proxy Fight: Kansas City investor...
From Times Staff and Wire Reports
Standard Brands Proxy Fight: Kansas City investor John Latshaw, who owns 15.8% of the Torrance-based paint retailer, said in a Securities and Exchange Commission filing that he will solicit proxies to elect three nominees to Standard’s board at the May 24 annual meeting. If they are elected, he said, he will talk with them about replacing all or part of senior management. Standard has suffered declining earnings for several years. The stock closed unchanged at $7.75 Friday.
