Ancora issues statement of support for pitney bowes

Cleveland--(business wire)--ancora holdings group, llc (together with its affiliates, “ancora” or “we”) today issued the below statement following its decision to redeem its investment in the long-term special purpose vehicle managed by hestia capital management llc and, in turn, start directly holding its shares of pitney bowes inc. (nyse: pbi) (“pitney bowes” or the “company”) due to the size of the position. fredrick d. disanto, chairman and chief executive officer of ancora holdings group l.
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