Industrials | Corporate Finance Advisory

Allied Research Directors Re-Elected

  • Allied Research Corp., since renamed Allied Defense Group (AMEX: ADG), is a diversified defense and security firm with a market value of over $90 million
  • A dissident investor group launched a proxy contest to replace Allied’s board of directors with their own nominees
  • Allied retained TM Capital to advise the incumbent board of directors regarding this contest
  • Allied’s board of directors was successfully re-elected at the annual meeting

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