Press Releases
Blackwells Mails Definitive Proxy Materials to Supervalu Shareholders
NEW YORK–(BUSINESS WIRE)–Blackwells Capital LLC (together with its affiliates, “Blackwells Capital” or “Blackwells”), an alternative investment management firm with an approximate 7.73% ownership interest in Supervalu Inc. (NYSE: SVU) (“Supervalu” or the “Company”), today announced it has mailed definitive proxy materials and a letter to Supervalu shareholders to solicit votes for the election of six…
Read MoreBlackwells Files Preliminary Proxy Materials for the Election of Directors at the 2018 Annual Meeting of Supervalu Inc.
NEW YORK–(BUSINESS WIRE)–Blackwells Capital LLC (together with its affiliates, “Blackwells Capital” or “Blackwells”), an alternative investment management firm with an approximate 7.3% ownership interest in Supervalu Inc. (NYSE: SVU) (“Supervalu” or the “Company”), today announced it has filed preliminary proxy materials to elect six highly qualified candidates to Supervalu’s Board of Directors (the “Board”) at…
Read MoreBlackwells Issues Open Letter to Supervalu Board of Directors in Response to Continued Value Destruction and Entrenchment
NEW YORK–(BUSINESS WIRE)–Blackwells Capital LLC (together with its affiliates, “Blackwells Capital” or “Blackwells”), an alternative investment management firm and one of the largest shareholders of Supervalu Inc. (NYSE:SVU) (the “Company”) with an approximate 5.2% ownership interest, today issued the following open letter to the Company’s Board of Directors, in response to its continued refusals to…
Read MoreAltAir Fuels
Vandewater was the lead investor and controlling shareholder of AltAir Fuels from 2013 until its sale to World Energy in 2018. Established in 2013, AltAir Fuels was created to produce low carbon fuels and chemicals derived from sustainable feedstock. For its first commercial project, AltAir partnered with Alon Energy USA (now Delek) to retool idled…
Read MoreBlackwells Nominates Highly-Qualified, Independent Slate for Supervalu Board of Directors
NEW YORK–(BUSINESS WIRE)–Blackwells Capital LLC (together with its affiliates, “Blackwells Capital” or “Blackwells”), an alternative investment management firm with ownership representing an approximately 4.9% interest in Supervalu Inc. (NYSE: SVU) (“Supervalu” or the “Company”), today announced it has nominated six highly-qualified, independent candidates for election to Supervalu’s Board of Directors (the “Board”) at the upcoming…
Read MoreWorld Energy Announces Purchase of Southern California assets from Delek
Blackwells Comments on Supervalu Plan to Sell Some Farm Fresh Stores
NEW YORK–(BUSINESS WIRE)–Blackwells Capital LLC (“Blackwells”), an alternative investment management firm with ownership representing approximately 4.1% interest in Supervalu Inc. (NYSE:SVU) (“Supervalu” or the “Company”), today released a statement in response to the Company’s announcement that it has entered into agreements to sell 21 of its 38 Farm Fresh Food & Pharmacy (“Farm Fresh”) stores…
Read MoreBlackwells Capital Announces Intention to Nominate Directors at Supervalu in Letter to Board
NEW YORK–(BUSINESS WIRE)–Blackwells Capital LLC (“Blackwells”), an alternative investment management firm, today sent a letter to the Board of Directors (the “Board”) of Supervalu Inc. (NYSE: SVU) (“Supervalu” or the “Company”) announcing its intention to submit director nominations to the Board in connection with the Company’s 2018 annual meeting of shareholders. Blackwells also released a…
Read MoreBlackwells Capital Outlines Value-Enhancement Plan for Supervalu Inc. in Letter to Board
NEW YORK–(BUSINESS WIRE)–Blackwells Capital LLC (“Blackwells”), an alternative investment management firm, today sent a letter to the Board of Directors (the “Board”) and management of Supervalu Inc. (NYSE:SVU) (“Supervalu” or the “Company”) outlining concerns with the Company’s share price performance and the absence of a clear strategy to unlock value and to position the Company…
Read MoreXsight Systems Welcomes Vandewater Capital Holdings as its First American Investor
NEW YORK, June 22, 2016 /PRNewswire/ — Xsight Systems, a developer and provider of advanced runway sensor solutions, announced today the joining of Vandewater Capital Holdings as its first American investor, providing growth capital to the Company. Xsight Systems’ technology is the only automated FOD detection solution operational in the United States, currently in Boston Logan…
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