Prof. Vaaler Interviewed About Buffalo Wild Wings Proxy Fight
Professor Paul M. Vaaler was interviewed by Jim Spencer of the Star Tribune for comment on the decision by Institutional Shareholder Services to recommend a slate of candidates proposed by Marcato Capital for election to the Buffalo Wild Wings board of directors. BWW and Marcato Capital are soliciting proxies from BWW shareholders, particularly larger institutional shareholders, to elect competing slates of board candidates with differing views on the near-term strategic direction of the firm. The ISS recommendation should help Marcato Capital’s solicitation efforts. The proxy fight will be resolved at the next meeting of BWW shareholders next month.