Duluth, MN (NNCNOW.com) -- Cliff's Natural Resources has confirmed that six of Casablanca Capital's members are now on the company's Board of Directors.
Casablanca is an investment manager based in New York, which already owns 5.2 percent of the company's shares.
Five of Cliff's board members have been re–elected to the 11 member board.
Cliff's released the following statement:
"We appreciate the consideration and support of our shareholders and the insights they have offered. We welcome our new directors and look forward to working with them."
Posted to the web by Kati Anderson.