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Published on 12/14/2009 in the Prospect News Special Situations Daily.

Enzon shareholder DellaCamera seeks to declassify company's board

By Lisa Kerner

Charlotte, N.C., Dec. 14 - Enzon Pharmaceuticals, Inc. shareholder DellaCamera Capital Management submitted a shareholder proposal requesting that the company take action to declassify its board of directors, according to a schedule 13D/A filed on Monday with the Securities and Exchange Commission.

The investor wants the proposal included in Enzon's proxy statement for its 2010 annual meeting under rule 14a-8 of the Securities Exchange Act of 1934, as amended, the filing said.

DellaCamera beneficially owns 3,688,100 shares, or 8.1%, of the Bridgewater, N.J., biopharmaceutical company.


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