Business
Glass Lewis Joins ISS in Raising Concerns About Ortelius' Campaign at Brookdale
Brookdale Senior Living Inc. (NYSE: BKD) ("Brookdale" or the "Company") today announced that proxy advisory firm Glass, Lewis & Co., LLC ("Glass Lewis") has joined proxy advisory firm Institutional Shareholder Services ("ISS") in recommending that Brookdale shareholders not give control of the Company's Board of Directors to Ortelius Advisors, L.P. ("Ortelius"), who beneficially owns just 1% of Brookdale's shares. The Company urges shareholders to vote "FOR" ALL eight of Brookdale's director nom
About this update from Brookdale Senior Living Inc.
[{"type":"text","content":"Proxy Advisory Firms Recommend Against Giving Ortelius Control of the Company's Board","length":89,"tagName":"p","attribs":{}},{"type":"text","content":"Brookdale Urges Shareholders to Vote "FOR" ALL of Brookdale's Eight Highly Qualified Director Nominees on the BLUE Proxy Card","length":139,"tagName":"p","attribs":{}},{"type":"text","content":"NASHVILLE, Tenn., July 1, 2025 /PRNewswire/ -- Brookdale Senior Living Inc. (NYSE: BKD) ("Brookdale" or the "Company") today announced that proxy advisory firm Glass, Lewis & Co., LLC ("Glass Lewis") has joined proxy advisory firm Institutional Shareholder Services ("ISS") in recommending that Brookdale shareholders not give control of the Company's Board of Directors to Ortelius Advisors, L.P. ("Ortelius"), who beneficially owns just 1% of Brookdale's shares. The Company urges shareholders to vote "FOR" ALL eight of Brookdale's director nominees at its 2025 Annual Meeting of Shareholders ("Annual Meeting"), scheduled to be held on July 11, 2025.","length":740,"tagName":"p"},{"type":"image","alt":"Brookdale Announces Date of Second Quarter Earnings Release and Conference Call (PRNewsfoto/Brookdale Senior Living Inc.)","displaySize":"","headline":null,"caption":"Brookdale Announces Date of Second Quarter Earnings Release and Conference Call (PRNewsfoto/Brookdale Senior Living Inc.)","className":"","disableSlideshowImg":false,"size":{"original":{"width":400,"height":105,"url":"https://media.zenfs.com/en/prnewswire.com/239adc078e3613630cf197832bd65640"},"resized":{"url":"https://s.yimg.com/ny/api/res/1.2/NcEd8YsWHjlRO7DNIgtwHQ--/YXBwaWQ9aGlnaGxhbmRlcjt3PTcwNTtoPTE4NTtjZj13ZWJw/https://media.zenfs.com/en/prnewswire.com/239adc078e3613630cf197832bd65640","width":400,"height":105}},"href":"https://mma.prnewswire.com/media/687685/Brookdale_Senior_Living_Logo.html","hrefExternal":true,"rel":"nofollow"},{"type":"text","content":"In its report, Glass Lewis recognized Ortelius' poor record of engagement with the Brookdale Board and lack of knowledge about Brookdale's operations and noted that Ortelius has not provided investors with necessary details about its plans for the Company:","length":264,"tagName":"p"},{"type":"list","items":[{"val":[{"type":"text","content":""…we are concerne...