Reported Earlier, Global Self Storage Board Criticizes Etude's Acquisition Offers As Opportunistic, Reaffirms Commitment To Strategic Business Plan
Reported Earlier, Global Self Storage Board Criticizes Etude's Acquisition Offers As Opportunistic, Reaffirms Commitment To Strategic Business Plan
"After careful review of Etude's previous unsolicited, non-binding, and conditional acquisition proposals, it was clear to our entire Board that Etude is seeking to opportunistically exploit the challenging macro-economic operating environment currently impacting the valuation of publicly traded self-storage companies and thereby deprive our stockholders of the value currently inherent in the Company as well as the opportunity to benefit from the Company's significant upside potential as we continue to execute on our strategic business plan," said Mark C. Winmill, Chairman of the Board, Chief Executive Officer, and President.
“在审慎审查Etude先前的非约束性、有条件的并购提议后，我们的董事会清楚地认识到Etude正试图在当前影响公开交易自助存储公司估值的宏观经济营运环境下，投机主义地剥夺我们的股东目前继承的价值以及从公司继续实施战略业务计划中获益的机会，”董事会主席、首席执行官和总裁Mark C. Winmill表示。