Activist Hedge Fund Wants Two Spots on Brinks Co. Board

| About: The Brink's (BCO)

In a amended 13D filing on Brinks Co. (NYSE:BCO) 8.5% holder Pirate Capital disclosed a new letter to the board of directors of the company, reiterating its request that the company retain an investment bank to examine strategic alternatives, questioning the Issuer's stated course of pursuing acquisitions, and recommending that two current Issuer Board members who are ineligible for re-election based on the Board's mandatory retirement age be replaced as nominees at the Issuer's 2007 annual meeting of shareholders by two Pirate Capital nominees, Thomas R. Hudson Jr. (Pirate Capital's founder and Manager) and Christopher Kelly (Pirate Capital's General Counsel and Chief Compliance Officer).

Related: Two Hedge Funds Pressure The Brink's Co. to Explore Its Strategic Alternatives, Pirate Capital Urges Brinks Co. to Sell Itself, Steel Partners Increases Brink's Holding

Brinks Co 05 01 2007

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