MFP Investors goes active on S&W Seed Company ($SANW)
Michael Price’s MFP Investors is now an activist in the $60 million market cap alfalfa seed grower and processor, S&W Seed Company. It owns 9.99% of the company and changed its passive stake to active after S&W put MFP Investors’ VP Alex Matina on the board.
S&W CEO Mark Grewal said, "I've had the privilege of working with Alex and it's very exciting that MFP has taken such a solid position in S&W and is focused on our continued success. His knowledge and expertise will serve us well in the coming years...I look forward to working with him and believe S&W will benefit from his strong skill set and guidance as we continue to expand the business into the future."