Activist well-wisher, strong showing for a Tuesday. Here’s the news and stories for April 14. Hit us with tips at @activiststocks, sign up for our daily activist newsletter, and ICYMI the latest newsletter is here.
News:
- Children’s Place rejects the short slate of three directors (total board is eight members) that Barington Capital and Macellum Advisors (owning around 2% of the company) had put up. Barington sent a letter to the children’s clothing retailer last month, suggesting it could be a buyout candidate.
- Zoetis added its second director per an agreement with Bill Ackman. That director is the Actavis chair Paul Bisaro.
- Barington Capital reaches out to Eastern Co. again, mailing a letter and noting it plans to put up...
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