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Ethan Allen (ETH) Stock Spiking After Sandell Calls it 'Best Investment Idea'

2015-07-15 19:09:38| Furniture - Topix.net

Speaking at the Delivering Alpha conference in New York City, Sandell said the furniture chain is an ideal target to be acquired by private-equity firms. Sandell noted that about half of Ethan Allen's assets are real estate related, making it a prime target for private-equity investors, who often use debt to generate returns on their investments, MarketWatch reports.

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