Chatham asset management issues open letter to rayonier advanced materials shareholders

Chatham, n.j.--(business wire)--chatham asset management, llc ("chatham"), a private investment firm which manages funds that beneficially own approximately 6.3% of the outstanding common stock of rayonier advanced materials (“ryam” or the “company”) (nyse: ryam) and is a substantial bondholder of the company, today issued an open letter to ryam shareholders stating chatham's intent to withhold its vote against two long-tenured members of the company's board of directors (the “board”), thomas i
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