{"id":40090,"date":"2014-01-16T08:19:18","date_gmt":"2014-01-16T13:19:18","guid":{"rendered":"http:\/\/www.hedgeco.net\/news\/?p=40090"},"modified":"2014-01-16T08:21:30","modified_gmt":"2014-01-16T13:21:30","slug":"charlotte-based-spx-reaches-agreement-with-hedge-fund-on-board-seats-read-more-here-httpwww-charlotteobserver-com201401154612734charlotte-based-spx-reaches-agreement-htmlstorylinkcpy","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/01\/2014\/charlotte-based-spx-reaches-agreement-with-hedge-fund-on-board-seats-read-more-here-httpwww-charlotteobserver-com201401154612734charlotte-based-spx-reaches-agreement-htmlstorylinkcpy.html","title":{"rendered":"Charlotte-based SPX reaches agreement with hedge fund on board seats"},"content":{"rendered":"<p>Charlotte-based SPX Corp., an industrial-equipment manufacturer, said it reached an agreement with Relational Investors LLC for the activist investor to nominate up to two board directors.<\/p>\n<p>Relational can nominate David Batchelder, who co-founded the fund with Ralph Whitworth, to theSPX board after the 2014 annual meeting, SPX said in a statement Tuesday. The investor can nominate a second director for election at the 2015 shareholder meeting. In exchange, Relational agreed to vote for the company\u2019s directors, the pump maker said.<\/p>\n<p><a href=\"http:\/\/www.charlotteobserver.com\/2014\/01\/15\/4612734\/charlotte-based-spx-reaches-agreement.html\" target=\"_blank\"><strong>Read Complete Article<\/strong><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Charlotte-based SPX Corp., an industrial-equipment manufacturer, said it reached an agreement with Relational Investors LLC for the activist investor to nominate up to two board directors. Relational can nominate David Batchelder, who co-founded the fund with Ralph Whitworth, to theSPX [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-40090","post","type-post","status-publish","format-standard","hentry","category-syndicated"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/40090","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/comments?post=40090"}],"version-history":[{"count":2,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/40090\/revisions"}],"predecessor-version":[{"id":40092,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/40090\/revisions\/40092"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=40090"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=40090"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=40090"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}