The folks at King Street Capital Management took a rare step in front of the spotlight when they decided to launch a public fight with Japanese conglomerate Toshiba.
The global long-short credit and event-driven firm fired off a letter on Monday to Toshiba chairman and chief executive officer Nobuaki Kurumatani announcing its intention to nominate a slate of independent directors, including King Street co-founder Brian Higgins, to replace a majority of the board at the company’s 2019 annual meeting.
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