Consumer & Retail | Corporate Finance Advisory

Mayor’s Board of Directors Re-Elected

  • Mayor’s Jewelers, Inc. (AMEX) is a luxury jewelry retailer
  • An investor group proposed to elect an alternative slate of directors to the board of Mayor’s at its annual meeting
  • Mayor’s retained TM Capital as financial advisor in connection with this potential proxy contest
  • TM Capital assisted Mayor’s in entering into a shareholders’ agreement with the investor group pursuant to which the investor group agreed to vote for the incumbent slate of directors
  • All of Mayor’s nominess were successfullly elected to the board of directors at the annual meeting