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Ramius nominee elected to Datascope board
By Lisa Kerner
Charlotte, N.C., Dec. 20 - Preliminary results indicate that Ramius Capital Group, LLC's nominee, David Dantzker, has been elected to Datascope Corp.'s board of directors at a meeting held on Thursday.
Dantzker is a general partner at Wheatley MedTech Partners, LP.
"We are pleased that Datascope shareholders support our efforts to bring about change at the company," Ramius partner Mark R. Mitchell said in a company news release.
"While we've had our differences, we believe that Datascope has solid products and excellent prospects, and that all shareholders will benefit from having another independent director on the board, especially one of Dr. David Dantzker's caliber," Mitchell added.
As previously reported, Ramius and Starboard Value and Opportunity Master Fund Ltd., an affiliate of RCG Starboard Advisors, LLC, had also sought the election of William J. Fox to the Datascope board.
Fox is former executive chairman of the board of Nephros, Inc.
Datascope had urged its shareholders to re-elect its nominees, James J. Loughlin and William L. Asmundson, to the board.
Datascope is a Montvale, N.J., medical device company.
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