April 23, 2018 / 9:53 PM / 5 months ago

BRIEF-Safeguard Scientifics Announces Agreement With Sierra Capital

April 23 (Reuters) - Safeguard Scientifics Inc:

* SAFEGUARD SCIENTIFICS ANNOUNCES AGREEMENT WITH SIERRA CAPITAL

* BOARD APPOINTED 2 NEW INDEPENDENT DIRECTORS, RUSSELL D. GLASS AND IRA M. LUBERT, TO SAFEGUARD BOARD, EFFECTIVE IMMEDIATELY

* SIERRA CAPITAL INVESTMENTS, L.P. & AFFILIATES CURRENTLY OWN ABOUT 5.1 PCT OF CO’S OUTSTANDING STOCK

* SIERRA WILL VOTE ITS SHARES IN FAVOR OF ALL OF SAFEGUARD’S DIRECTOR NOMINEES Source text for Eikon: Further company coverage:

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