SYNL News and Press, Synalloy Corporation From 06/17/20

Synalloy Will Appoint Three of Privet’s and UPG’s Nominees to Its Board, Regardless of the Outcome of the Shareholder Vote at This Year’s Annual Meeting Synalloy Will Cumulate Votes for the Election of Nominees Craig Bram, Susan Gayner, Henry Guy, Jeff Kaczka and A...

Synalloy Applauds ISS’s Analysis Rejecting the Dissidents’ Desire for Disproportionate Representation, a Majority Change to the Board and Replacement of the CEO Synalloy Cautions Shareholders that the Dissidents Could Elect a Majority of Synalloy’s Board Even with...

Leading Proxy Advisory Firm ISS Recommends Stockholders Vote FOR Ben Rosenzweig of Privet and Chris Hutter of UPG ISS Recommends Stockholders DO NOT Vote on Synalloy’s Blue Proxy Card Privet and UPG Remind Stockholders They Have a Comprehensive Plan for Delivering up t...

Notes that Privet and UPG Have Steadfastly Refused to Provide Any Detailed Information on UPG’s Performance or Mr. Hutter’s Background Even As Privet and UPG Summarily Proclaim that UPG’s Supposed Success and Mr. Hutter Are the Key Reasons to Vote for the Dissidents ...

Highlights Newly-Uncovered Information Regarding Undisclosed, Multi-Decade Business Dealings Involving Chairman Murray Wright and Chief Executive Officer Craig Bram Questions the Board’s Decision to Allow Mr. Bram to Operate Horizon Capital Management Out of the Synalloy Off...

Synalloy Corporation (Nasdaq: SYNL) (“Synalloy” or the “Company”) today expressed its concern about false and materially misleading statements made by Privet Fund Management LLC and UPG Enterprises LLC (“Privet” and “UPG,” and together, ...

Presentation Highlights Synalloy’s Outperformance in Both Peak and Trough Periods of the Business Cycle Highlights Privet/UPG’s Disingenuous Campaign to Gain Control of Synalloy’s Board and Business Without Paying Shareholders a Premium Addresses the Lack of S...

Presentation Highlights The Urgent Case For Change at Synalloy After a Decade of Chronic Underperformance, Consistently Poor Leadership, Sustained Operational Failings and Increasingly Reckless Spending Nominees’ Plan Includes Appointing Chris Hutter, a Proven Manufacturing I...

Believes New Leadership with Strong Operating Experience Can Unlock Significant Value and be a Superior Partner to Employees, Customers, Vendors and Community Stakeholders Highlights UPG’s Track Record as a Successful, High-Growth Manufacturing Sector Operator and Frequent M...

Letter at www.StrengthenSynalloy.com Lays Out Indisputable Data and Facts to Address the Falsehoods, Shoddy Diligence and Misrepresentations Synalloy’s Leadership is Shamelessly Peddling to Stockholders Contends the Board and CEO Craig Bram are Attacking the Stockholder...