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BRIEF-Maxwell Tech strikes deal with Viex to reduce board size
April 10, 2017 / 9:16 PM / 8 months ago

BRIEF-Maxwell Tech strikes deal with Viex to reduce board size

April 10 (Reuters) - Maxwell Technologies Inc

* Maxwell Technologies announces agreement with Viex Capital Advisors

* Maxwell Technologies - has agreed to nominate Mutch for election at 2017 annual meeting of stockholders as a Class III director

* Maxwell Technologies - additionally, co and Viex have agreed that, following 2017 annual meeting, board will reduce size to eight, including Viex nominee

* Maxwell Technologies - Viex has agreed to vote in favor of company’s slate of director nominees at 2017 annual meeting and certain other matters

* Maxwell Technologies - under agreement, Maxwell board has agreed to appoint John Mutch as independent director and nominate Mutch for election Source text for Eikon: Further company coverage:

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