Rentech Enters Cooperation Agreement with Olshan Activist Client Lone Star Value Management
Reuters reported that Olshan client Lone Star Value Management, LLC entered into a cooperation agreement with Rentech, Inc., pursuant to which Rentech agrees to appoint Kevin Rendino to the Board of Directors, effective immediately. Mr. Rendino will serve in the class of directors with a term expiring at the 2017 annual meeting of shareholders and will be appointed to the Finance Committee of the Board. Steve Wolosky and Ryan P. Nebel represent Lone Star in connection with its investment in Rentech.
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