Entries tagged "Barington"
Regional department store chain Dillard's Inc. keeps bleeding, and activist hedge funds Barington Capital Group LP and Clinton Group Inc. keep trying to stitch the wound. The investors appear to believe it may be self-inflicted by management and the board. ...
Activist investor Barington Capital Group LP has taken its insurgency at Dillard's Inc. up a notch Wednesday by nominating a minority slate of four director candidates to the department store chain's 12-person board. One of the candidates is Charles Elson, director of the John L. Weinberg Center for Corporate Governance at the University of Delaware and a known governance expert. ...