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Article Excerpt
ISS Recommends BKF Capital Group Shareholders Vote FOR Steel Partners' Nominees on the GOLD Proxy Card
ISS also Recommends Shareholders Vote FOR Critical Corporate Governance Initiatives Supported by Steel Partners
NEW YORK, May 26 /PRNewswire/ -- Steel Partners II, L.P. announced today that Institutional Shareholder Services ("ISS"), the nation's leading proxy voting advisory service, has recommended that its clients vote to elect Steel Partners' three independent nominees, Warren G. Lichtenstein, Kurt N. Schacht and Ronald LaBow, to the board of directors of BKF Capital Group, Inc. at BKF's June 9, 2005 annual meeting of shareholders.
ISS provides proxy advisory services to hundreds of institutional investors, mutual funds, and other fiduciaries. In its report dated May 25, 2005, ISS noted the strength of Steel Partners' slate of nominees, stating that:
-- "The company's less than stellar track record with respect to corporate governance warrants the presence of Kurt Schacht on...
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