Activist investor demands Deckers Brands sell company

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Activist investor demands that Deckers Brands sell company

By Marissa Nall / Friday, June 30th, 2017 / Comments Off on Activist investor demands that Deckers Brands sell company

A second activist investor penned an open letter to Deckers Brands on June 27, demanding the sale of the company and threatening changes to the board of directors as a result of declining share values. Marcato Capital Management purchased 6 percent of the Goleta footwear company’s outstanding common shares in February, spending around $88 million.…

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