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Ethan Allen Can't Dodge This Proxy Fight by Merely Redecorating

2015-08-25 20:21:10| Furniture - Topix.net

The New York-based activist investor wrote to the interior design and furniture company's chairman and CEO, Farooq Kathwari, on Aug. 14, suggesting that the company's sum-of-the-parts share price should be $41 a share, either through a sale of the company or a move to monetize its real estate. The Danbury, Conn.-based company's 60-day moving average stock price as $28.07 as of the close Friday.

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