{"id":10598,"date":"2009-05-15T00:00:00","date_gmt":"2009-05-15T00:00:00","guid":{"rendered":""},"modified":"-0001-11-30T00:00:00","modified_gmt":"-0001-11-30T04:00:00","slug":"forzani-group-rejects-hedge-funds-proxy-demands","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/05\/2009\/forzani-group-rejects-hedge-funds-proxy-demands.html","title":{"rendered":"Forzani Group rejects hedge fund\\&#8217;s proxy demands"},"content":{"rendered":"<p>Reuters &#8211; Forzani Group recommended on Thursday that shareholders oppose a bid from a New York-based hedge fund attempting to nominate its own members to the board.       <\/p>\n<p> The Canadian sporting-goods retailer said Crescendo Partners, which owns about 5 percent of the outstanding shares, &quot;failed to provide a compelling rationale to support its demands and failed to identify any particular business initiatives.&quot;<\/p>\n<p><strong><a target=\"_blank\" href=\"http:\/\/www.hedgeco.net\/news\/news_land.php?i=http:\/\/uk.reuters.com\/article\/marketsNewsUS\/idUKN1445899120090514\">Read Complete Article<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Reuters &#8211; Forzani Group recommended on Thursday that shareholders oppose a bid from a New York-based hedge fund attempting to nominate its own members to the board. The Canadian sporting-goods retailer said Crescendo Partners, which owns about 5 percent of [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[11733,11732,11731,11148,5190,11734,4326,5661,11735],"class_list":["post-10598","post","type-post","status-publish","format-standard","hentry","category-syndicated","tag-business-initiatives","tag-crescendo-partners","tag-forzani-group","tag-hedge-fund","tag-outstanding-shares","tag-rationale","tag-reuters","tag-shareholders","tag-sporting-goods"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/10598","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/comments?post=10598"}],"version-history":[{"count":0,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/10598\/revisions"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=10598"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=10598"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=10598"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}