Sculptor says ISS, Glass Lewis urge holders to vote for Rithm Capital merger

Sculptor Capital Management Inc. (SCU) announced that leading proxy advisory firms Institutional Shareholder Services and Glass Lewis & Co. recommend that Sculptor stockholders vote “FOR” its proposed merger with Rithm Capital Corp. (RITM) at Sculptor’s special meeting of stockholders to be held on November 16, 2023. Marcy Engel, Chair of the Board of Directors of Sculptor, stated, “We are pleased that the two leading proxy advisory firms, ISS and Glass Lewis, have recommended that stockholders vote “FOR” our proposed transaction by Rithm, which will deliver immediate and certain value for stockholders. We urge Sculptor stockholders to vote in favor of this compelling transaction at the Special Meeting on November 16, 2023.”