Entries tagged "Select Comfort"
THe markets continue to slide. Today, investors were spooked by continuing auto sales declines.
Activist hedge fund Clinton Group Inc. is pushing to unseat Select Comfort Corp. CEO William McLaughlin, in part blaming him for operational missteps that have helped depress its share price. Clinton, a 7.52% shareholder in the Minneapolis mattress company, called for McLaughlin's ouster in a letter to its board, written by Clinton vice chairman Jerry Levin, filed late Monday. ...