{"id":740741,"date":"2023-03-16T09:04:54","date_gmt":"2023-03-16T13:04:54","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/hestia-capital-files-definitive-proxy-statement-and-sends-letter-to-pitney-bowes-stockholders\/"},"modified":"2023-03-16T09:04:54","modified_gmt":"2023-03-16T13:04:54","slug":"hestia-capital-files-definitive-proxy-statement-and-sends-letter-to-pitney-bowes-stockholders","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/hestia-capital-files-definitive-proxy-statement-and-sends-letter-to-pitney-bowes-stockholders\/","title":{"rendered":"Hestia Capital Files Definitive Proxy Statement and Sends Letter to Pitney Bowes Stockholders"},"content":{"rendered":"<p>        <!--.bwalignc { text-align: center; list-style-position: inside }\n.bwuline { text-decoration: underline }body {font:normal small Arial,Helvetica,sans-serif;color:#000;background-color:#fff;padding:24px;margin:0;} a img {border:0;} h3 {font-size:medium;color:#000;margin:0 0 1em 0; text-align:center;}-->  <\/p>\n<p class=\"bwalignc\">\nHestia Capital Files Definitive Proxy Statement and Sends Letter to Pitney Bowes Stockholders\n<\/p>\n<p>PITTSBURGH&#8211;(<a href=\"http:\/\/www.businesswire.com\">BUSINESS WIRE<\/a>)&#8211;<br \/>\nHestia Capital Management, LLC (collectively with its affiliates, \u201cHestia\u201d or \u201cwe\u201d), which is the third largest stockholder of Pitney Bowes, Inc. (NYSE: PBI) (\u201cPitney Bowes\u201d or the \u201cCompany\u201d) and has a beneficial ownership position of 8.4% of the Company\u2019s outstanding common stock, today announced that it has filed a definitive proxy statement with the U.S. Securities and Exchange Commission in connection with Pitney Bowes\u2019 2023 Annual Meeting of Stockholders scheduled for May 9, 2023. In addition, Hestia sent a letter to the Company\u2019s stockholders, which can be downloaded and viewed at the link above.\n<\/p>\n<p id=\"news-body-cta\">This press release features multimedia. View the full release here: <a href=\"https:\/\/www.businesswire.com\/news\/home\/20230316005454\/en\/\" rel=\"nofollow\">https:\/\/www.businesswire.com\/news\/home\/20230316005454\/en\/<\/a><\/p>\n<p>\nLearn how to vote for Hestia\u2019s five director candidates on the <b><span class=\"bwuline\">WHITE<\/span><\/b> proxy card or <b><span class=\"bwuline\">WHITE<\/span><\/b> voting instruction form by visiting <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=http%3A%2F%2Fwww.TransformPitneyBowes.com&amp;esheet=53363076&amp;newsitemid=20230316005454&amp;lan=en-US&amp;anchor=www.TransformPitneyBowes.com&amp;index=1&amp;md5=eca737ed8f2c8886feac2cc8a8f00852\">www.TransformPitneyBowes.com<\/a>, where stockholders can download a copy of our letter, review a copy of Hestia\u2019s definitive proxy statement and sign up for future updates on Hestia\u2019s campaign for boardroom change.\n<\/p>\n<p><b><span class=\"bwuline\">About Hestia Capital<\/span><\/b><\/p>\n<p>\nHestia Capital is a long-term focused, deep value investment firm that typically makes investments in a narrow selection of companies facing company-specific, and\/or industry, disruptions. Hestia seeks to leverage its General Partner&#8217;s expertise in competitive strategy, operations and capital markets to identify attractive situations within this universe of disrupted companies. These companies are often misunderstood by the general investing community or suffer from mismanagement, which we reasonably expect to be corrected, and provide the &#8216;price dislocations&#8217; which allows Hestia to identify, and invest in, highly attractive risk\/reward investment opportunities.\n<\/p>\n<p><img decoding=\"async\" alt=\"\" src=\"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20230316005454r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en\" style=\"width:0;height:0\" \/><span class=\"bwct31415\" \/><\/p>\n<p id=\"mmgallerylink\"><span id=\"mmgallerylink-phrase\">View source version on businesswire.com: <\/span><span id=\"mmgallerylink-link\"><a href=\"https:\/\/www.businesswire.com\/news\/home\/20230316005454\/en\/\" rel=\"nofollow\">https:\/\/www.businesswire.com\/news\/home\/20230316005454\/en\/<\/a><\/span><\/p>\n<p>\nSaratoga Proxy Consulting LLC<br \/>\n<br \/>John Ferguson \/ Joe Mills, 212-257-1311<br \/>\n<br \/><a rel=\"nofollow\" href=\"mailto:info@saratogaproxy.com\">info@saratogaproxy.com<\/a><\/p>\n<p><b>KEYWORDS:<\/b> Pennsylvania United States North America<\/p>\n<p><b>INDUSTRY KEYWORDS:<\/b> Other Professional Services Asset Management Professional Services Finance<\/p>\n<p><b>MEDIA:<\/b><\/p>\n<table cellpadding=\"3\" cellspacing=\"3\" \/>\n","protected":false},"excerpt":{"rendered":"<p>Hestia Capital Files Definitive Proxy Statement and Sends Letter to Pitney Bowes Stockholders PITTSBURGH&#8211;(BUSINESS WIRE)&#8211; Hestia Capital Management, LLC (collectively with its affiliates, \u201cHestia\u201d or \u201cwe\u201d), which is the third largest stockholder of Pitney Bowes, Inc. (NYSE: PBI) (\u201cPitney Bowes\u201d or the \u201cCompany\u201d) and has a beneficial ownership position of 8.4% of the Company\u2019s outstanding common stock, today announced that it has filed a definitive proxy statement with the U.S. Securities and Exchange Commission in connection with Pitney Bowes\u2019 2023 Annual Meeting of Stockholders scheduled for May 9, 2023. In addition, Hestia sent a letter to the Company\u2019s stockholders, which can be downloaded and viewed at the link above. This press release features multimedia. View the full release here: https:\/\/www.businesswire.com\/news\/home\/20230316005454\/en\/ &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/hestia-capital-files-definitive-proxy-statement-and-sends-letter-to-pitney-bowes-stockholders\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Hestia Capital Files Definitive Proxy Statement and Sends Letter to Pitney Bowes Stockholders&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-740741","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Hestia Capital Files Definitive Proxy Statement and Sends Letter to Pitney Bowes Stockholders - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/hestia-capital-files-definitive-proxy-statement-and-sends-letter-to-pitney-bowes-stockholders\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Hestia Capital Files Definitive Proxy Statement and Sends Letter to Pitney Bowes Stockholders - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"Hestia Capital Files Definitive Proxy Statement and Sends Letter to Pitney Bowes Stockholders PITTSBURGH&#8211;(BUSINESS WIRE)&#8211; Hestia Capital Management, LLC (collectively with its affiliates, \u201cHestia\u201d or \u201cwe\u201d), which is the third largest stockholder of Pitney Bowes, Inc. (NYSE: PBI) (\u201cPitney Bowes\u201d or the \u201cCompany\u201d) and has a beneficial ownership position of 8.4% of the Company\u2019s outstanding common stock, today announced that it has filed a definitive proxy statement with the U.S. Securities and Exchange Commission in connection with Pitney Bowes\u2019 2023 Annual Meeting of Stockholders scheduled for May 9, 2023. In addition, Hestia sent a letter to the Company\u2019s stockholders, which can be downloaded and viewed at the link above. This press release features multimedia. View the full release here: https:\/\/www.businesswire.com\/news\/home\/20230316005454\/en\/ &hellip; Continue reading &quot;Hestia Capital Files Definitive Proxy Statement and Sends Letter to Pitney Bowes Stockholders&quot;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/hestia-capital-files-definitive-proxy-statement-and-sends-letter-to-pitney-bowes-stockholders\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2023-03-16T13:04:54+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20230316005454r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en\" \/>\n<meta name=\"author\" content=\"Newsdesk\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Newsdesk\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/hestia-capital-files-definitive-proxy-statement-and-sends-letter-to-pitney-bowes-stockholders\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/hestia-capital-files-definitive-proxy-statement-and-sends-letter-to-pitney-bowes-stockholders\\\/\"},\"author\":{\"name\":\"Newsdesk\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"headline\":\"Hestia Capital Files Definitive Proxy Statement and Sends Letter to Pitney Bowes Stockholders\",\"datePublished\":\"2023-03-16T13:04:54+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/hestia-capital-files-definitive-proxy-statement-and-sends-letter-to-pitney-bowes-stockholders\\\/\"},\"wordCount\":333,\"image\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/hestia-capital-files-definitive-proxy-statement-and-sends-letter-to-pitney-bowes-stockholders\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/cts.businesswire.com\\\/ct\\\/CT?id=bwnews&amp;sty=20230316005454r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en\",\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/hestia-capital-files-definitive-proxy-statement-and-sends-letter-to-pitney-bowes-stockholders\\\/\",\"url\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/hestia-capital-files-definitive-proxy-statement-and-sends-letter-to-pitney-bowes-stockholders\\\/\",\"name\":\"Hestia Capital Files Definitive Proxy Statement and Sends Letter to Pitney Bowes Stockholders - 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