Prior to diving into the substance of the agreement, we will provide a brief introduction to Thomas Sandell’s investment firm. Sandell Asset Management is an alternative asset management firm established by the Swedish investment banker, Tom Sandell, in 1998. The New York-based firm takes on a corporate event-driven, multi-strategy approach to investing by focusing on equity special situations and credit opportunities. The investment firm is seeking to include only the most attractive risk/reward opportunities in its portfolio, which points to the fact that there is a great deal of value that Tom Sandell and his team are trying to unleash...