TESS News and Press, TESSCO Technologies Incorporated From 12/21/20

TESSCO Technologies Incorporated (NASDAQ: TESS) and Federated Wireless, both members of the CBRS Alliance, have agreed to join forces to accelerate adoption of Citizens Broadband Radio Service (CBRS) private networks in a number of industries including manufacturing, transportation, and...

Barnhill Receives Requisite Number of Written Consents to Refresh TESSCO Board and Amend Bylaws HUNT VALLEY, Md. , Dec. 14, 2020 /PRNewswire/ -- Robert B. Barnhill, Jr. (together with the other participants of the consent solicitation, the "Barnhill Participants"), ...

TESSCO Technologies Incorporated (NASDAQ: TESS), a leading value-added distributor and solutions provider for the wireless industry, today confirmed that Robert B. Barnhill, Jr. has delivered the consents from shareholders with respect to his effort to remove the majority of its directo...

Barnhill Responds to TESSCO Settlement Offer with Comprehensive Board Refreshment Proposal HUNT VALLEY, Md. , Dec. 4, 2020 /PRNewswire/ -- Robert B. Barnhill, Jr. (together with the other participants of the consent solicitation, the "Barnhill Participants"), one of...

As the company exits its retail business to focus on its more successful and higher-margin commercial segment, TESSCO Technologies (TESS) closed its earlier announced sale of most of its retail inventory, the Ventev brand as it relates to mobile device accessory products, and certain oth...

Company Exits Retail Business to Focus on Higher-Margin Commercial Segment TESSCO Technologies Incorporated (NASDAQ: TESS) today announced the closing of its previously announced sale of most of the Company’s retail inventory, the Ventev brand as it relates to mobile ...

Mr. Barnhill’s Pursuit of Control of TESSCO’s Board is Not in the Best Interests of Shareholders TESSCO Technologies Incorporated (NASDAQ: TESS), a leading value-added distributor and solutions provider for the wireless industry, today sent the following letter...

Mr. Barnhill’s Unwillingness to Consider the Special Committee’s Reasonable Settlement Proposal Confirms His True Aim is Control of TESSCO’s Board Shareholders Should Support the Settlement Proposal by Refusing to Consent to Hand Mr. Barnhill and His Nomin...

Both Firms Suggest TESSCO Shareholders Support No More Than Two of Mr. Barnhill’s Nominees TESSCO Has Offered a Settlement Consistent with the ISS and Glass Lewis Recommended Board Structure, Which Has Not Been Accepted by Mr. Barnhill TESSCO Believes Mr. Barnhi...

TESSCO (TESS) offers to reconstitute the board with Mr. Barnhill being the only director with more than three years of tenure.The settlement proposal would implement the preferred Board framework articulated by ISS in its report and would result in a Board with eight members, five of whom wou...