1. Ethan Allen Goes on the Defense with Shareholder Letter

    Ethan Allen Goes on the Defense with Shareholder Letter

    Embattled furniture retailer Ethan Allen has gone into defensive mode, urging investors to vote for the Danbury-based company’s endorsed slate of board members at an annual stockholders meeting at the end of the month. ETH has been the target of a proxy war initiated by activist investor Sandell Asset Management, a Manhattan-based hedge fund, which has proposed six candidates for the eight ...

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