Crown crafts directors donate board fees to charities as promised,
says wynnefield group
New york--(business wire)--the wynnefield group, the largest stockholder in crown crafts inc. (nasdaq: crws or “the company”), said today that mr. melvin keating and mr. jon biro, two directors elected by crown crafts shareholders to the company’s board of directors in august 2010, have donated to charity 50% of their cash retainer in excess of $20,000, after payment of taxes, as was stated in the proxy statement filed by the wynnefield group in july, 2010. mr. biro has directed his donation to the american sids institute and mr. keating has directed his donation to the r baby foundation, two organizations committed to infant health. about the wynnefield group the wynnefield group is crown crafts’ largest stockholder, holding approximately 17% of the company’s outstanding common stock. established in 1992, the wynnefield group includes several affiliates of wynnefield capital, inc., a value investor specializing in u.s. small cap situations that have company- or industry-specific catalysts.
CRWS Ratings Summary
CRWS Quant Ranking
You've reached your free article limit.
Want To Read More Articles?
See what it all means for your stocks with premium tools
Stockprices is a weekly video covering what moved markets
this week, featuring a panel of Stockprices editors. It is published by the
close of trading on Fridays. Hosted by Nathaniel E. Baker, contributing editor,
and featuring: Aaron Task, VP Contributor Content and co-host Stockprices's Alpha
Trader podcast; Brad Olesen, VP News; Steve Alpher, Managing Editor News, co-host
Alpha Trader.
Unsubscribe From All
You successfully activated
“Only Essentials”
Confirm Upgrade
Your subscription will be moved to the annual plan. Service will automatically renew unless cancelled. No Refunds. Click upgrade to confirm.
Stockprices uses Plaid to connect you account
Connect effortlessly
Plaid lets you securely connect your financial accounts in seconds
Your data belongs to you
Plaid doesn't sell personal info, and will only use it with your permission