Comments for MCRL - Stockpickr! Your Source for Stock Ideas

Comments for MCRL

Added By	Comments	Type	Date Added
barrons3	Obrem Capital Mgmt. lowered its holdings to 8.85 million shares (13.5%), after selling 1.88 million back to MCRL at $6.25 each.	Love	February 21, 2009
sarah z	$50 mln in 2009	Love	January 07, 2009
barrons2	At the request of Obrem Capital, Micrel called a special shareholder meeting to vote on several proposals from Obrem, including: 1) remove the company's five current directors; 2) increase the number of directors to six; 3) elect six nominees backed by Obrem and 4) approve a non-binding shareholder resolution recommending that the board rescind the company's recently adopted shareholder-rights plan. If its proposals pass, Obrem will ask that the board hire an investment bank to pursue a sale of the company.	Love	May 03, 2008
barrons2	Obrem Capital Management plans to nominate six directors for election to Micrel's board at the company's 2008 annual meeting. Obrem identified its nominees as Keith R. Gollust, Keith M. Kolerus, Bill R. Bradford, Andrew V. Rechtschaffen, Eric W. Gomberg and Benjamin J. Goren. Obrem may communicate with members of Micrel's management, board, other current or prospective shareholders, industry analysts, or existing or potential strategic partners. Obrem currently holds 10,735,690 shares (15% of the total outstanding).	Love	April 26, 2008
barrons2	A group including Obrem Capital Management wants Micrel to call a special shareholder meeting and rescind recently adopted shareholder-rights plans. Obrem wants the chip maker to boost its board to six members from five, and to elect Bill Bradford, Keith R. Gollust, Eric Gomberg, Ben Goren, Keith M. Kolerus and Andrew Rechtschaffen to fill the vacancies created by the removal of the five current directors. Obrem says the rights plan doesn't maximize or enhance shareholder value. The Obrem group holds 10,690,690 shares (14.9% of the total outstanding).	Love	March 29, 2008