Ortelius Director Nominees Release Joint Letter to Brookdale Stockholders
1. Ortelius Advisors nominated directors for Brookdale’s Board amid ongoing dissatisfaction. 2. Current Board accused of value destruction and operational inefficiencies. 3. Activist group aims to implement a turnaround strategy for Brookdale. 4. Brookdale's share price has declined 85% over the last decade. 5. Proposed changes focus on accountability, asset optimization, and debt reduction.