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Delcath Systems: Activist Firm Almost Doubles Stake, Seeks Special Meeting & Sale Soon

Activist Firm Linkedto Partners or It's Affiliates Now Own Or Controls 1.68% of shares of Delcath Systems

 
PRLog - Sep. 4, 2014 - Delcath Systems: Activist Firm Almost Doubles Stake, Seeks Special Meeting & Sale Soon

Dear Investors of Delcath Systems & Management,

Linkedto Partners and  it's affiliates now control 158,805 shares in the company's common stock or about 1.68% of the shares.

Any shareholders owning shares should contact us so we can arrange for a special shareholder's meeting to get our points across to create value for all.  The status quo can not stand.

We are continuing to get in contact with more shareholders in terms of being able to call a special shareholder's meeting soon.

We believe Delcath Systems is valuable with some easy changes, such as an exploration of a sale, and other strategic direction. This company can do much better and we urge them to explore a sale immediately.

Delcath Systems should not be draining the resources of shareholders whom have been burned before - by waiting till they run out of cash to raise money and drag down the share price thus further.

The company's board must look out for the interests of all shareholders, large or small and listen to our concerns.  We have discussed the situation with a number of shareholders, both large and small. They all agreed the company is much better up for sale than as a standalone entity. Even though the company has valuable IP, approved products, and excess cash - something has gone wrong which needs to be corrected.

Regards,

Neil Fromer

Linkedto Partners

Contact:

Jon Sanders

+1.206.202.7703

jonathansand@bayttrust.com

Contact
Jon Sanders
***@bayttrust.com

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Source:Linkedto Partners
Location:New York - United States
Industry:Health, Investment
Tags:shareholders, Delcath Systems, status quo, private equity
Shortcut:prlog.org/12367555
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