07 03 2016

TCS Capital Wins Board Seats in Angie’s List Settlement

Olshan has advised TCS Capital


Under the agreement, Eric Semler of TCS Capital and two media and technology industry veterans, George Bell and Tom Evans, were appointed to the Board and 10-year board member John Biddinger retired.  TCS and Eric Semler had been publicly pushing for months for board representation and for Angie’s List to review strategic alternatives. TCS Capital Management, LLC is an employee owned hedge fund sponsor. The firm, led by Eric H. Semler, Eamon Smith and Robert Rans, is based in New York. Steve Wolosky (Picture), Andrew Freedman and Meagan Reda represent TCS Capital in connection with its investment in Angie’s List. Involved fees earner: Steve Wolosky - Olshan Frome Wolosky LLP; Andrew Freedman - Olshan Frome Wolosky LLP; Meagan Reda - Olshan Frome Wolosky LLP;

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