(Reuters) - "Valeo management continues to misstate Pardus' strategic view by feeding rumours and allegations that Pardus strategy is a link-up with Visteon."
The fund said it had watered down an original proposal to name two Pardus representatives and six independent directors to the Valeo board to two representatives and one independent director. It repeated its was willing to agree a standstill agreement at 20 percent share ownership.
Read more at Reuters.com Mergers News
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