{"id":812035,"date":"2025-02-12T08:22:55","date_gmt":"2025-02-12T13:22:55","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/barington-capital-sends-letter-to-matthews-international-shareholders-urging-them-to-vote-gold-for-the-election-of-all-of-baringtons-nominees-to-the-matthews-board\/"},"modified":"2025-02-12T08:22:55","modified_gmt":"2025-02-12T13:22:55","slug":"barington-capital-sends-letter-to-matthews-international-shareholders-urging-them-to-vote-gold-for-the-election-of-all-of-baringtons-nominees-to-the-matthews-board","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/barington-capital-sends-letter-to-matthews-international-shareholders-urging-them-to-vote-gold-for-the-election-of-all-of-baringtons-nominees-to-the-matthews-board\/","title":{"rendered":"Barington Capital Sends Letter to Matthews International Shareholders Urging Them to Vote GOLD “FOR” the Election of ALL of Barington’s Nominees to the Matthews Board"},"content":{"rendered":"
\n

PR Newswire<\/p>\n<\/p><\/div>\n

\n

\n Highlights Unanimous Support of Barington’s Director Nominees by Leading Proxy Advisory Firms ISS, Glass Lewis and Egan-Jones<\/i>\n <\/p>\n

\n Believes Matthews’ Poor Fiscal 2025 First Quarter Earnings Results Further Demonstrates Management’s Pattern of False Hope and Empty Promises <\/i>\n <\/p>\n

\n Barington’s Nominees Bring the Skills, Experience and Fresh Perspectives Required to Help Drive Meaningful Change and Long-Term Value Creation at Matthews<\/i>\n <\/p>\n

\n
\n NEW YORK<\/span>
\n <\/span>, Feb. 12, 2025<\/span><\/span> \/PRNewswire\/ — Barington Capital Group, L.P. (“Barington Capital”), a fundamental, value-oriented activist investor that, together with the other participants in its solicitation (collectively “Barington” or “we”), beneficially owns approximately 2.1% of the outstanding shares of common stock of Matthews International Corporation (NASDAQ: MATW) (“Matthews” or the “Company”), today sent a letter to the Company’s shareholders highlighting unanimous support for the election of its director nominees \u2013 Ana B. Amicarella<\/span>, Chan W. Galbato<\/span> and James Mitarotonda<\/span> \u2013 to the Matthews Board of Directors by all three leading independent proxy advisory firms as well as the Company’s dismal fiscal 2025 first quarter earnings results.<\/p>\n

\n The full letter is available at <\/b>
\n
\n https:\/\/barington.com\/matthews<\/b>
\n <\/a>\n <\/p>\n

\n James Mitarotonda<\/span>, Chairman and CEO of Barington Capital, said, “We believe the time for change at Matthews is now. All three leading independent proxy advisory firms, ISS, Glass Lewis and Egan-Jones, agree and have unanimously recommended that Matthews’ shareholders vote in favor of the election of Barington’s nominees to the Matthews Board and against the status quo. By voting the GOLD proxy card “FOR” the election of Ana Amicarella<\/span>, Chan Galbato<\/span> and James Mitarotonda<\/span>, shareholders can help protect the value of their investment and restore much-needed accountability and strong oversight of management to the Matthews Board. We urge shareholders to make their voices heard and join us in electing Barington’s nominees today.”<\/p>\n

\n TIME IS RUNNING OUT: FOLLOW THE RECOMMENDATIONS OF CREDIBLE THIRD-PARTY PROXY ADVISORY FIRMS AND VOTE GOLD<\/u> TODAY<\/b>\n <\/p>\n

\n For additional information regarding Barington’s campaign at Matthews, visit: <\/b>
\n
\n https:\/\/barington.com\/matthews<\/b>
\n <\/a>\u00a0<\/p>\n

\n ABOUT BARINGTON CAPITAL GROUP, L.P.<\/b>\n <\/p>\n

Barington Capital Group, L.P. is a fundamental, value-oriented activist investment firm established by James Mitarotonda<\/span> in January 2000.\u00a0 Barington invests in undervalued publicly traded companies that Barington believes can appreciate significantly in value when substantive improvements are made to their operations, corporate strategy, capital allocation and corporate governance. \u00a0Barington’s investment team, advisors and network of industry experts draw upon their extensive strategic, operating and boardroom experience to assist companies in designing and implementing initiatives to improve long-term shareholder value.<\/p>\n

\n Media Contact<\/b>:
Jonathan Gasthalter<\/span>\/Amanda Shpiner<\/span>
Gasthalter & Co.
212-257-4170<\/p>\n

\n Important Information and Participants in the Solicitation<\/b>\n <\/p>\n

Barington has filed a definitive proxy statement and associated GOLD<\/b> proxy card with the Securities and Exchange Commission (“SEC”) to be used to solicit votes for the election of its slate of highly-qualified director nominees at the upcoming annual meeting of stockholders of the Company. Details regarding the Barington nominees and the participants in its solicitation are included in its proxy statement and Barington strongly advises all shareholders of the company to read the proxy statement and other proxy materials as they contain important information.<\/p>\n

The participants in Barington’s proxy solicitation are Barington, Barington Companies Investors, LLC, Barington Capital Group, L.P., LNA Capital Corp., James Mitarotonda<\/span>, 1 NBL EH, LLC, Joseph Gromek<\/span>, Ana B. Amicarella<\/span> and Chan W. Galbato<\/span>.<\/p>\n

If you have any questions, require assistance in voting your GOLD<\/b> universal proxy card,\u00a0or need additional copies of Barington’s proxy materials, please contact:<\/p>\n

Okapi Partners
1212 Avenue of the Americas, 17th<\/sup> Floor
New York, NY<\/span> 10036<\/p>\n

Banks and Brokerage Firms, Please Call: (212) 297-0720
Shareholders and All Others Call Toll-Free: (877) 285-5990
E-mail: info@okapipartners.com<\/a><\/p>\n

\n \"Cision\" View original content:https:\/\/www.prnewswire.com\/news-releases\/barington-capital-sends-letter-to-matthews-international-shareholders-urging-them-to-vote-gold-for-the-election-of-all-of-baringtons-nominees-to-the-matthews-board-302374258.html<\/a><\/p>\n

SOURCE Barington Capital Group, L.P.<\/p>\n<\/p><\/div>\n

\"\"<\/p>\n","protected":false},"excerpt":{"rendered":"

PR Newswire Highlights Unanimous Support of Barington’s Director Nominees by Leading Proxy Advisory Firms ISS, Glass Lewis and Egan-Jones Believes Matthews’ Poor Fiscal 2025 First Quarter Earnings Results Further Demonstrates Management’s Pattern of False Hope and Empty Promises Barington’s Nominees Bring the Skills, Experience and Fresh Perspectives Required to Help Drive Meaningful Change and Long-Term Value Creation at Matthews NEW YORK , Feb. 12, 2025 \/PRNewswire\/ — Barington Capital Group, L.P. (“Barington Capital”), a fundamental, value-oriented activist investor that, together with the other participants in its solicitation (collectively “Barington” or “we”), beneficially owns approximately 2.1% of the outstanding shares of common stock of Matthews International Corporation (NASDAQ: MATW) (“Matthews” or the “Company”), today sent a letter to the Company’s shareholders … <\/p>\n

Continue reading “Barington Capital Sends Letter to Matthews International Shareholders Urging Them to Vote GOLD “FOR” the Election of ALL of Barington’s Nominees to the Matthews Board”<\/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-812035","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"\nBarington Capital Sends Letter to Matthews International Shareholders Urging Them to Vote GOLD "FOR" the Election of ALL of Barington's Nominees to the Matthews Board - 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\/barington-capital-sends-letter-to-matthews-international-shareholders-urging-them-to-vote-gold-for-the-election-of-all-of-baringtons-nominees-to-the-matthews-board\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Barington Capital Sends Letter to Matthews International Shareholders Urging Them to Vote GOLD "FOR" the Election of ALL of Barington's Nominees to the Matthews Board - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"PR Newswire Highlights Unanimous Support of Barington’s Director Nominees by Leading Proxy Advisory Firms ISS, Glass Lewis and Egan-Jones Believes Matthews’ Poor Fiscal 2025 First Quarter Earnings Results Further Demonstrates Management’s Pattern of False Hope and Empty Promises Barington’s Nominees Bring the Skills, Experience and Fresh Perspectives Required to Help Drive Meaningful Change and Long-Term Value Creation at Matthews NEW YORK , Feb. 12, 2025 \/PRNewswire\/ — Barington Capital Group, L.P. (“Barington Capital”), a fundamental, value-oriented activist investor that, together with the other participants in its solicitation (collectively “Barington” or “we”), beneficially owns approximately 2.1% of the outstanding shares of common stock of Matthews International Corporation (NASDAQ: MATW) (“Matthews” or the “Company”), today sent a letter to the Company’s shareholders … Continue reading "Barington Capital Sends Letter to Matthews International Shareholders Urging Them to Vote GOLD “FOR” the Election of ALL of Barington’s Nominees to the Matthews Board"\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/barington-capital-sends-letter-to-matthews-international-shareholders-urging-them-to-vote-gold-for-the-election-of-all-of-baringtons-nominees-to-the-matthews-board\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2025-02-12T13:22:55+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/c212.net\/c\/img\/favicon.png?sn=NY17453&sd=2025-02-12\" \/>\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=\"3 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\\\/barington-capital-sends-letter-to-matthews-international-shareholders-urging-them-to-vote-gold-for-the-election-of-all-of-baringtons-nominees-to-the-matthews-board\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/barington-capital-sends-letter-to-matthews-international-shareholders-urging-them-to-vote-gold-for-the-election-of-all-of-baringtons-nominees-to-the-matthews-board\\\/\"},\"author\":{\"name\":\"Newsdesk\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"headline\":\"Barington Capital Sends Letter to Matthews International Shareholders Urging Them to Vote GOLD “FOR” the Election of ALL of Barington’s Nominees to the Matthews Board\",\"datePublished\":\"2025-02-12T13:22:55+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/barington-capital-sends-letter-to-matthews-international-shareholders-urging-them-to-vote-gold-for-the-election-of-all-of-baringtons-nominees-to-the-matthews-board\\\/\"},\"wordCount\":628,\"image\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/barington-capital-sends-letter-to-matthews-international-shareholders-urging-them-to-vote-gold-for-the-election-of-all-of-baringtons-nominees-to-the-matthews-board\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/c212.net\\\/c\\\/img\\\/favicon.png?sn=NY17453&sd=2025-02-12\",\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/barington-capital-sends-letter-to-matthews-international-shareholders-urging-them-to-vote-gold-for-the-election-of-all-of-baringtons-nominees-to-the-matthews-board\\\/\",\"url\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/barington-capital-sends-letter-to-matthews-international-shareholders-urging-them-to-vote-gold-for-the-election-of-all-of-baringtons-nominees-to-the-matthews-board\\\/\",\"name\":\"Barington Capital Sends Letter to Matthews International Shareholders Urging Them to Vote GOLD \\\"FOR\\\" the Election of ALL of Barington's Nominees to the Matthews Board - 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(“Barington Capital”), a fundamental, value-oriented activist investor that, together with the other participants in its solicitation (collectively “Barington” or “we”), beneficially owns approximately 2.1% of the outstanding shares of common stock of Matthews International Corporation (NASDAQ: MATW) (“Matthews” or the “Company”), today sent a letter to the Company’s shareholders … Continue reading \"Barington Capital Sends Letter to Matthews International Shareholders Urging Them to Vote GOLD “FOR” the Election of ALL of Barington’s Nominees to the Matthews Board\"","og_url":"https:\/\/www.marketnewsdesk.com\/index.php\/barington-capital-sends-letter-to-matthews-international-shareholders-urging-them-to-vote-gold-for-the-election-of-all-of-baringtons-nominees-to-the-matthews-board\/","og_site_name":"Market Newsdesk","article_published_time":"2025-02-12T13:22:55+00:00","og_image":[{"url":"https:\/\/c212.net\/c\/img\/favicon.png?sn=NY17453&sd=2025-02-12","type":"","width":"","height":""}],"author":"Newsdesk","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Newsdesk","Est. reading time":"3 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/barington-capital-sends-letter-to-matthews-international-shareholders-urging-them-to-vote-gold-for-the-election-of-all-of-baringtons-nominees-to-the-matthews-board\/#article","isPartOf":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/barington-capital-sends-letter-to-matthews-international-shareholders-urging-them-to-vote-gold-for-the-election-of-all-of-baringtons-nominees-to-the-matthews-board\/"},"author":{"name":"Newsdesk","@id":"https:\/\/www.marketnewsdesk.com\/#\/schema\/person\/482f27a394d4fda80ecb5499e519d979"},"headline":"Barington Capital Sends Letter to Matthews International Shareholders Urging Them to Vote GOLD “FOR” the Election of ALL of Barington’s Nominees to the Matthews Board","datePublished":"2025-02-12T13:22:55+00:00","mainEntityOfPage":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/barington-capital-sends-letter-to-matthews-international-shareholders-urging-them-to-vote-gold-for-the-election-of-all-of-baringtons-nominees-to-the-matthews-board\/"},"wordCount":628,"image":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/barington-capital-sends-letter-to-matthews-international-shareholders-urging-them-to-vote-gold-for-the-election-of-all-of-baringtons-nominees-to-the-matthews-board\/#primaryimage"},"thumbnailUrl":"https:\/\/c212.net\/c\/img\/favicon.png?sn=NY17453&sd=2025-02-12","inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/barington-capital-sends-letter-to-matthews-international-shareholders-urging-them-to-vote-gold-for-the-election-of-all-of-baringtons-nominees-to-the-matthews-board\/","url":"https:\/\/www.marketnewsdesk.com\/index.php\/barington-capital-sends-letter-to-matthews-international-shareholders-urging-them-to-vote-gold-for-the-election-of-all-of-baringtons-nominees-to-the-matthews-board\/","name":"Barington Capital Sends Letter to Matthews International Shareholders Urging Them to Vote GOLD \"FOR\" the Election of ALL of Barington's Nominees to the Matthews Board - 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