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The Committee of Concerned Shareholders of the Children's Place (PLCE) Mails Letter to Shareholders

June 26, 2009 7:44 AM EDT
PLCE Hot Sheet
Overall Analyst Rating:
    BUY (= Flat)

Revenue Growth %: +1.8%
The Committee of Concerned Shareholders of The Children's Place, which collectively owns approximately 22% of the outstanding shares of The Children's Place Retail Stores, Inc. (Nasdaq: PLCE), announced that it is mailing a letter to the Company's shareholders in connection with its nomination of three independent, highly-qualified and proven individuals for election to the Board of Directors at the Company's 2009 Annual Meeting of Shareholders, scheduled for July 31, 2009. Shareholders of record as of June 30, 2009 are entitled to vote at the meeting.

This upcoming election of directors is about the future of The Children's Place - and all votes can make a difference. The choice is clear - by voting on the GOLD proxy card, shareholders can elect three experienced and independent Board nominees who are dedicated to protecting and enhancing the value of The Children's Place. The Committee urges shareholders to act now to ensure that their shares are represented at the upcoming Annual Meeting.

You can see the full letter here.

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