Parks! America receives activist demand for special meeting to replace board

PARKS AMERICA, INC

Focused Compounding Fund demands special meeting to remove all seven directors and elect three new directors, two of whom are its principals.
Board reduction from seven to three would effect an implicit takeover without offering a premium to other shareholders.
Company has empaneled a Special Committee to address the matter; criticizes proposed directors' lack of industry expertise.
Focused Compounding has not provided any written concerns or strategic plans for the Company.

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