Warren Lichtenstein’s Steel Partners convinces Noritz Chairman to Quit
| August 17th, 2009 | ||
| Warren Lichtenstein’s Steel Partners has racked up another victory in Japan. Earlier this month, the activist hedge fund manager's criticisms of the water heater maker Noritz’s Chairman Katsuhiko Takeshita led him to quit. According the Financial Times, Steel Partners, which is Noritz’s largest shareholder, gained the support other institutional investors in order to prevail. | ||
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Steel Partners |
Related People: Lawrence Butler;
Related Entities: Steel Partners;
Related Article Tags: Shareholder Activists, Corporate Raiders and Proxy Battles
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