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Stock Market & Financial Investment News

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March 19, 2014
09:07 EDTHSONHudson Global shareholder Lone Star Value to propose two Board directors
Hudson Global shareholder Lone Star Value Management, with approximately 7.4% of the outstanding common stock of the company, filed preliminary proxy materials with the SEC in connection with the election of directors to the Hudson Board of Directors at the 2014 annual shareholders meeting. Lone Star Value stated in its preliminary proxy statement that the current Board has overseen prolonged operating and stock price underperformance and further appears to lack a strategically coherent plan or the commitment or ability to tackle the serious issues facing Hudson.
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