Investment Firm Eyes Miranda with Thorsteinson in Tow
TV Technology reports that the investment firm aiming to take control of Miranda Technologies has put forth its nominees for the board of directors, including former Harris, Leitch and Grass Valley executive, Tim Thorsteinson. JEC capital Partners of Randolph, Mass., which holds 7 percent of Miranda’s shares, filed a requisition last month to remove of four of the company’s seven incumbent directors and replace them with JEC nominees. JEC was joined by JMB Capital Partners Fund, LP, which holds approximately 3.2 percent of Miranda’s shares. Click here for the complete story.