CLEVELAND, March 8, 2017 /PRNewswire/ -- Ancora Advisors LLC
announced today that it has sent a letter to the Board of Directors
of Vishay Precision Group, Inc. (NYSE: VPG). The letter,
written by Ancora's Chief Executive Officer and Executive Chairman
Mr. Fred DiSanto, states that Ancora
intends to actively urge the company's shareholders to support
Ancora's 14a-8 proposal to eliminate the company's dual class
structure. The letter also urges the company to immediately
do either of the following: (1) re-engage the strategic
alternatives process in order to find a buyer for the company; or
(2) replace current CEO Ziv Shoshani
with an external highly-qualified and independent chief executive
officer.
Please click the following link to access Ancora's full
letter: LINK TO ANCORA LETTER TO VPG BOARD
About Ancora Advisors
Ancora Advisors LLC is a registered investment adviser with the
Securities and Exchange Commission of the United States.
Ancora offers comprehensive investment solutions for institutions
and individuals in the areas of fixed income, equities, global
asset allocation, alternative investments and retirement
plans. A more detailed description of the company, its
management and practices are contained in its "Firm Brochure" (Form
ADV, Part 2A). A copy of this form may be received by contacting
the company at: 6060 Parkland Boulevard, Suite 200 Cleveland, Ohio 44124, Phone: 216-825-4000, or
by visiting the website, www.ancora.net/adv
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SOURCE Ancora Advisors