Entries tagged "Charming Shoppes"
Charming Shoppes Inc. has ended a long and exhaustive proxy fight with activist investors Crescendo Partners II LP and Myca Partners. In an 11th-hour agreement with the 8% stakeholders on Thursday, the day Charming Shoppes was scheduled to hold its annual shareholders meeting, the plus-size clothing retailer agreed to nominate to its board two of the activists' three nominees including turnaround specialist Michael Appel and Crescendo director Arnaud Ajdler. ...
A duo of activist investors seems to be having mixed luck with its efforts to press for changes at Charming Shoppes Inc., a Bensalem, Pa.-based retailer of women's plus-size apparel best known for its Lane Bryant brand. ...
