Tag: Azurite Management
Invacare enters cooperation agreementÂ
August 23, 2022HME News Staff
ELYRIA, Ohio – Invacare has entered into a cooperation agreement with its largest shareholder, Azurite Management LLC, which currently owns about 10.3% of the company’s outstanding shares as of June 30, 2022.
As part of the agreement, Invacare appointed two new independent directors, Steven Rosen and Ambassador Edward Crawford effective immediately.
“Following constructive dialogue and collaboration with Azurite, we are pleased to strengthen our board with the addition of...