Activist friends or foes, top news and stories on activist investing below. Taking tips at @activiststocks, sign up for our daily newsletter, and ICYMI yesterday’s newsletter is here.
News:
- Macellum has gone active on Christopher & Banks, taking a 5.2% stake and sending a letter to the board about management and operational weaknesses.
- Sarissa Capital got a board seat at Aegerion Pharma. The fund went active back in early Feb. with shares flat since then.
- Casey Capital notes that it’s been having conversations with the Essex Rental board. About what? Who knows, something, something, long-term value. Since Casey went active in Feb. shares are up 75%.
- GAMCO is active at Courier Corp, owning 8.3% of the company.
- Steel Partners gets another extension...
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