1. Activist Investor Group Withdraws Board Slate at Perry Ellis

    Activist Investor Group Withdraws Board Slate at Perry Ellis

    Legion Partners and Calstrs approve of retailer’s succession plan and board nominees A group of activist investors targeting Perry Ellis International Inc. have agreed to withdraw their board nominees after the retailer committed to shaking up its chief executive role and board last week. Perry Ellis has come under fire from Legion Partners Asset Management LLC, a California investment fund, and the California State Teachers’...

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