{"id":62522,"date":"2018-02-28T00:08:53","date_gmt":"2018-02-28T05:08:53","guid":{"rendered":"http:\/\/www.hedgeco.net\/news\/?p=62522"},"modified":"2018-02-28T00:01:24","modified_gmt":"2018-02-28T05:01:24","slug":"activist-hedge-fund-to-pressure-genesco-for-more-asset-sales","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/02\/2018\/activist-hedge-fund-to-pressure-genesco-for-more-asset-sales.html","title":{"rendered":"Activist Hedge Fund to Pressure Genesco for More Asset Sales"},"content":{"rendered":"<p>\n(Reuters) Activist hedge fund Legion Partners LLC will pressure U.S. footwear retailer Genesco Inc (GCO.N) to sell assets beyond its Lids Sports Group business, and could challenge its board if it does not do so, people familiar with the matter said on Monday.   Legion Partners, which together with investment firm 4010 Partners LP owns 5.3 percent of Genesco, wrote to the company\u2019s board of directors on Monday asking it to carry out a full review of strategic alternatives, the sources said.<\/p>\n<p><a href=\"https:\/\/www.reuters.com\/article\/us-genesco-legionpartners\/activist-hedge-fund-to-pressure-genesco-for-more-asset-sales-sources-idUSKCN1GB07M\">To read this article:<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(Reuters) Activist hedge fund Legion Partners LLC will pressure U.S. footwear retailer Genesco Inc (GCO.N) to sell assets beyond its Lids Sports Group business, and could challenge its board if it does not do so, people familiar with the matter [&hellip;]<\/p>\n","protected":false},"author":4,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-62522","post","type-post","status-publish","format-standard","hentry","category-syndicated"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/62522","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\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/comments?post=62522"}],"version-history":[{"count":1,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/62522\/revisions"}],"predecessor-version":[{"id":62523,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/62522\/revisions\/62523"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=62522"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=62522"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=62522"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}