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Monday, June 01, 2015 4:36:19 PM
SHERMAN OAKS, Calif.--(BUSINESS WIRE)--Signature Group Holdings, Inc. (NASDAQ:RELY) (“Signature” or the “Company”) today announced that it received stockholder approval to change its corporate name to Real Industry, Inc.
The corporate name change to Real Industry, Inc., will be reflected at the open of trading on Wednesday, June 3, 2015.
Craig Bouchard, Signature’s Chairman and CEO, stated, “We are pleased to begin operating under the new Real Industry name, which is a more accurate reflection of the company we aspire to build. I would also like to welcome Patrick Deconinck and William Hall as new members of the Board of Directors, and Philip Tinkler as the Board-elected Independent Lead Director. Great companies are all about people and capital allocation. We want to be the absolute best among our distinguished peer group of acquisition platforms in both these critical categories.”
About Signature Group Holdings, Inc.
Signature is a North America-based holding company seeking to invest its capital in large, well-managed and consistently profitable businesses concentrated primarily in the United States industrial and commercial marketplace. Signature has significant capital resources, and federal net operating loss tax carryforwards of more than $900 million. For more information about Signature, visit its corporate website at www.signaturegroupholdings.com.
http://www.businesswire.com/news/home/20150601006542/en/Signature-Group-Holdings-Announces-Stockholder-Approval-Corporate#.VWzCDYnbKUk
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