Le Lézard
Subject: Letter
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Engine Capital Calls on Civeo's Board of Directors to Take Immediate Action to Close the Company's Valuation Gap
Engine Capital LP (together with its affiliates, "Engine" or "we"), which owns approximately 9.8% of Civeo Corporation's (NYSE: CVEO) ("Civeo" or the "Company") outstanding shares, today sent a letter to the Company's Board of Directors outlining several opportunities to close Civeo's significant valuation gap and unlock value for shareholders.
The letter can be viewed and downloaded here.
About Engine Capital
Engine Capital LP is a value-oriented special situations fund that invests both actively and passively in companies undergoing change.
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