The Wet Seal (WTSLA) Responds to Letter from Clinton Group
Get Alerts WTSLA Hot Sheet
Join SI Premium – FREE
The Wet Seal, Inc. (Nasdaq: WTSLA) today issued the following statement from its Board of Directors in response to a letter received on July 23, 2012 from Clinton Group, Inc.:
“The Wet Seal Board of Directors appreciates input from all of its stockholders and is committed to maximizing stockholder value. The Company has engaged in a series of discussions with the Clinton Group following their initial letter on June 15, 2012, and continues to review their recommendation regarding use of the Company’s capital. Wet Seal is committed to maintaining an active dialogue with its shareholders and, as always, will continue to consider ways to maximize value for all stockholders.”
“The Wet Seal Board of Directors appreciates input from all of its stockholders and is committed to maximizing stockholder value. The Company has engaged in a series of discussions with the Clinton Group following their initial letter on June 15, 2012, and continues to review their recommendation regarding use of the Company’s capital. Wet Seal is committed to maintaining an active dialogue with its shareholders and, as always, will continue to consider ways to maximize value for all stockholders.”
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- IBM (IBM) announces mixed Q1 results, HashiCorp acquisition; shares down
- ADT Corp. (ADT) Names Jeff Likosar as Chief Financial Officer
- Conmed (CNMD) Appoints Patrick Beyer as COO
Create E-mail Alert Related Categories
Corporate News, Mergers and AcquisitionsRelated Entities
Clinton GroupSign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!