Investor wants Deckers Brands to consider sale

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By Marissa Nall / Friday, April 7th, 2017 / Comments Off on Investor wants Deckers Brands to consider sale

An investment firm that owns a 3.3 percent stake in Deckers Brands wants the Goleta-based shoe company to explore options for seeking a sale or merger. In a letter dated March 27, Santa Monica-based Red Mountain Capital Partners said it was concerned about the “persistent underperformance” of Deckers’ stock. Red Mountain managing partners Willem Mesdag…

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