Getting your player ready...
Robert Burton, a dissident shareholder in the Denver-area printing company Cenveo Inc., has threatened to hold a shareholder vote to replace the board of directors.
Burton made the threat in a letter to the company Wednesday after the board rebuffed his offer to take over as chief executive and chairman.
Burton Capital and other members of its group claim to control 5.4 million of 49 million outstanding shares.
“Since you have repeatedly not been willing to accept our proposals to lead the company, we feel the only way to resolve these shareholder issues is the American way – with a vote,” Burton wrote.
