Ortelius Sends Letter to the Board of Directors of Capital Senior Living Corporation Regarding Its Strong Opposition to Recently Announced Transactions With Conversant Capital
Ortelius Advisors, L.P. (together with its affiliates, "Ortelius" or "we") today issued the below letter to the Board of Directors of Capital Senior Living Corporation (NYSE:CSU).
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August 9, 2021
The Board of Directors
Attn: Chairman Michael W. Reid
Capital Senior Living Corporation
14160 Dallas Parkway, Suite 300
Dallas, Texas 75254
Chairman Reid and Members of the Board of Directors:
Ortelius Advisors, L.P. (together with its affiliates, "Ortelius" or "we") is one of the largest stockholders of Capital Senior Living Corporation ("CSU" or the "Company"), with holdings equal to approximately 9% of the Company's outstanding common stock (the "Common Stock"). We are writing to make yo