Adams Resources Announces the Withdrawal of a Shareholder Proposal
April 11 2012 - 11:42AM
PR Newswire (US)
HOUSTON, April 11, 2012 /PRNewswire/
-- Representatives of The Domestic and Foreign Missionary
Society of the Protestant Episcopal Church in the United States of America (the"EC") have
informed Adams Resources & Energy, Inc. (NYSE Amex: AE) that
the EC has withdrawn its shareholder proposal regarding board
representation that was included in the Company's proxy
materials. The Company and the EC have agreed to dialogue
further regarding board representation. Therefore, the EC's
shareholder proposal will not be presented at the Company's 2012
annual meeting of shareholders to be held on May 16, 2012 and no vote will be taken on the
shareholder proposal.
Rick Abshire
(713) 881-3609
SOURCE Adams Resources & Energy, Inc.
Copyright 2012 PR Newswire
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