{"id":3591,"date":"2005-11-14T00:00:00","date_gmt":"2005-11-14T00:00:00","guid":{"rendered":""},"modified":"-0001-11-30T00:00:00","modified_gmt":"-0001-11-30T04:00:00","slug":"hedge-fund-k-capital-pressures-officemax","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/11\/2005\/hedge-fund-k-capital-pressures-officemax.html","title":{"rendered":"Hedge fund K Capital pressures OfficeMax"},"content":{"rendered":"<p>  BOSTON, Nov 14 (Reuters) &#8211; Hedge fund K Capital, the largest shareholder in office supplies chain OfficeMax Inc. (OMX.N: <a href=\"..\/stocks\/overview.aspx?symbol=OMX.N\">Quote<\/a>, <a href=  \"..\/stocks\/CompanyProfile.aspx?symbol=OMX.N\">Profile<\/a>, <a href=\"..\/stocks\/ResearchReports.aspx?symbol=OMX.N\">Research<\/a>), on Monday told the company that it wants management to put together a  detailed turnaround plan to help improve business.<\/p>\n<p>  In a sharply worded open letter, Boston-based K Capital said, &#8220;We believe that the state of affairs at OfficeMax is unacceptable and must improve dramatically.&#8221; OfficeMax announced  weaker-than-expected results at the end of October.<\/p>\n<p>  <a href=\"http:\/\/today.reuters.com\/investing\/financeArticle.aspx?type=fundsNews2&amp;storyID=URI:urn:newsml:reuters.com:20051114:MTFH34332_2005-11-14_15-23-01_N14398073:1\"><strong>Read Complete  Article<\/strong><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>BOSTON, Nov 14 (Reuters) &#8211; Hedge fund K Capital, the largest shareholder in office supplies chain OfficeMax Inc. (OMX.N: Quote, Profile, Research), on Monday told the company that it wants management to put together a detailed turnaround plan to help [&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":[],"class_list":["post-3591","post","type-post","status-publish","format-standard","hentry","category-syndicated"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/3591","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=3591"}],"version-history":[{"count":0,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/3591\/revisions"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=3591"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=3591"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=3591"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}