NEW YORK, April 11, 2018 /PRNewswire/ -- Starboard
Value LP (together with its affiliates, "Starboard"), a significant
shareholder of Newell Brands Inc. ("Newell" or the "Company")
(NYSE: NWL) with beneficial ownership of approximately 3.8% of the
Company's outstanding shares, announced today that it has filed
definitive proxy materials, including a BLUE proxy card, for the
election of four highly-qualified director nominees at the
Company's 2018 Annual Meeting scheduled to be held on May 15, 2018 and mailed a letter to
shareholders.
Starboard is urging shareholders to support real change at
Newell by voting the BLUE proxy to elect its diverse slate of four
experienced nominees, Pauline J.
Brown, Gerardo I. Lopez,
Bridget Ryan Berman and Robert A. Steele, at the 2018 Annual
Meeting.
The full text of the letter Starboard is mailing to Newell
shareholders can be viewed at the following link:
http://www.transformingnewell.com/content/uploads/2018/04/Starboard_Value_LP_Letter_to_NWL_Shareholders_04.11.2018.pdf
The time for real change is now –
Starboard urges all shareholders to vote the BLUE proxy card
today!
About Starboard Value LP
Starboard Value LP is
a New York-based investment
adviser with a focused and differentiated fundamental approach to
investing primarily in publicly traded U.S. companies. Starboard
invests in deeply undervalued companies and actively engages with
management teams and boards of directors to identify and execute on
opportunities to unlock value for the benefit of all
shareholders.
Investor contacts:
Peter Feld, (212) 201-4878
Gavin Molinelli, (212)
201-4828
www.starboardvalue.com
Okapi Partners
Bruce H. Goldfarb/Patrick
McHugh
(212) 297-0720
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SOURCE Starboard Value LP