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  "documentTitle": "Legion Clear Channel Outdoor Letter May 2023",
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  "presentationDate": "2023-05-01 00:00:00",
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  "notes": "This is a formal letter from an activist investor (Legion Partners) to a Board of Directors.",
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      "text": "LEGION PARTNERS",
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      "text": "1. Accelerate the sale process for Europe-North. 2. Begin the sale process for Latin America. 3. Consider selling select U.S. assets. 4. Concurrently explore a sale of the entire Company.",
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      "text": "For these reasons, we are sharing our views with the Board to emphasize the need for greater urgency, and recommend the following strategic steps the Board should pursue immediately:",
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      "text": "As we recommended to the Board in December 2021, Legion Partners remains willing and able to assist the Board in its pursuit of maximizing stockholder value, including matters related to Board refreshment...",
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      "text": "Sincerely,",
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      "text": "cc: Elizabeth Gonzalez-Sussman, Olshan Frome Wolosky LLP",
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