The Wet Seal (WTSLA) Responds to Letter from Clinton Group
Tweet Send to a FriendGet Alerts WTSLA Hot Sheet
Up)
Trade WTSLA Now!
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.”
Join StreetInsider.com FREE and get immediately alerted when news breaks on your stocks and other market items - JOIN NOW
*NEW - Download StreetInsider's FREE iPhone and iPad App - Click Here
“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.”
Join StreetInsider.com FREE and get immediately alerted when news breaks on your stocks and other market items - JOIN NOW
*NEW - Download StreetInsider's FREE iPhone and iPad App - Click Here
You May Also Be Interested In
- UPDATE: Viropharma, Inc. (VPHM) Said to Attract Acquisition Interest - Reuters
- Icahn Proposes Dell (DELL) Start Offer for 1.1B Shares at $14/Share
- Bidding for Kabel Deutschland Heats Up as Vodafone (VOD) Preps Larger Offer (LBTYA)
Create E-mail Alert Related Categories
Corporate News, Mergers and AcquisitionsRelated Entities
Clinton Group
Login with Facebook
Sign 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!
