March 14, 2018 / 11:43 AM / 8 months ago

BRIEF-Starboard Nominees Ian Ashken, Martin Franklin And James Lillie Commit To Purchase $25 Mln Of Newell Stock If Starboard Successfully Replaces The Newell Board

March 14 (Reuters) - Newell Brands Inc:

* STARBOARD NOMINEES IAN G.H. ASHKEN, MARTIN E. FRANKLIN AND JAMES E. LILLIE COMMIT TO PURCHASE $25 MILLION OF NEWELL STOCK IF STARBOARD SUCCESSFULLY REPLACES THE NEWELL BOARD

* STARBOARD VALUE - IF ELECTED, ASHKEN, FRANKLIN, LILLIE COMMIT TO NOT SELL ANY SHARES THEY BUY AS LONG AS THEY CONTINUE AS NEWELL​ DIRECTORS Source text for Eikon: Further company coverage:

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