Entries tagged "James Mitarotonda"
A settlement reached late Tuesday over the future of Dillard's Inc. is a mixed bag for both the activist investors seeking change and the management of the department store chain. Insurgent investor James Mitarotonda of Barington Capital Group LP and another fund, Clinton Group Inc., nominated a slate of four directors for the company's 12-person board. Although the retailer only agreed to one of his candidates and three other mutually agreed upon individuals, Mitarotonda agreed to call off his campaign. ...