{"id":4957,"date":"2006-08-31T00:00:00","date_gmt":"2006-08-31T00:00:00","guid":{"rendered":""},"modified":"-0001-11-30T00:00:00","modified_gmt":"-0001-11-30T04:00:00","slug":"pep-boys-puts-hedge-fund-on-board","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/08\/2006\/pep-boys-puts-hedge-fund-on-board.html","title":{"rendered":"Pep Boys Puts Hedge Fund on Board"},"content":{"rendered":"<p>Houston Chronicle &#8211; To head off a proxy fight, Pep Boys on Wednesday named a representative of a major shareholder to its board of directors.<\/p>\n<p>  The Philadelphia automotive parts and service chain appointed as director Thomas R. Hudson Jr., managing member of Pirate Capital LLC.<\/p>\n<p>  Pirate Capital has agreed to withdraw a shareholder proposal to nominate a director to the board. The investment group also agreed to support the re-election of Pep Boys&#8217; 11 directors at the next  annual meeting on Oct. 19, which would include Hudson.<\/p>\n<p>  Pirate owns a 9.8 percent stake in Pep Boys _ Manny, Moe &amp; Jack , according to a filing with the Securities and Exchange Commission.<\/p>\n<p><a href=\"http:\/\/www.google.com\/news\/url?sa=T&amp;ct=us\/1-0&amp;fd=R&amp;url=http:\/\/www.chron.com\/disp\/story.mpl\/ap\/fn\/4152900.html&amp;cid=1109165670&amp;ei=2Jn2RPGjIJSgogK_nfC0BQ\">Read CompleteArticle<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Houston Chronicle &#8211; To head off a proxy fight, Pep Boys on Wednesday named a representative of a major shareholder to its board of directors. The Philadelphia automotive parts and service chain appointed as director Thomas R. Hudson Jr., managing [&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-4957","post","type-post","status-publish","format-standard","hentry","category-syndicated"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/4957","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=4957"}],"version-history":[{"count":0,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/4957\/revisions"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=4957"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=4957"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=4957"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}