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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 ...

Mentions: Management Investors Hedge Fund