February 7, 2017 / 11:55 AM / 6 months ago

BRIEF-Immersion reaches agreement with Viex Capital Advisors

Feb 7 (Reuters) - Immersion Corp

* Immersion reaches agreement with viex capital advisors, llc

* Immersion corp - immersion has agreed to nominate to its board of directors, and support election of daniel p. Mccurdy

* Immersion corp - viex and its affiliates have agreed to vote their shares in support of election of immersion's slate of recommended directors

* Immersion corp - also agreed to submit to a stockholder vote a binding proposal to declassify board

* Immersion - proposal if approved would result in first annual election of directors with 1-year terms occurring at co's 2018 annual meeting Source text for Eikon: Further company coverage:

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