{"id":68939,"date":"2019-04-21T00:05:35","date_gmt":"2019-04-21T04:05:35","guid":{"rendered":"http:\/\/www.hedgeco.net\/news\/?p=68939"},"modified":"2019-04-23T02:06:00","modified_gmt":"2019-04-23T06:06:00","slug":"l-brands-says-hedge-fund-to-withdraw-board-nominees-after-reaching-agreement","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/04\/2019\/l-brands-says-hedge-fund-to-withdraw-board-nominees-after-reaching-agreement.html","title":{"rendered":"L Brands Says Hedge Fund to Withdraw Board Nominees After Reaching Agreement"},"content":{"rendered":"<p>\n(Reuters) L Brands said last week that activist investor Barington Capital has agreed to withdraw its proposed board nominees and instead will serve as a special adviser as part of an agreement with the company. The agreement comes a month after Barington urged the company to either explore a spin off of the underperforming Victoria\u2019s Secret brand or take the much financially stronger Bath &#038; Body Works public. Barington would now vote in favor of the entire L Brands board nominees at its 2019 annual shareholder meeting, the company said here.<\/p>\n<p><a href=\"https:\/\/www.reuters.com\/article\/us-l-brands-barington\/l-brands-says-hedge-fund-to-withdraw-board-nominees-after-reaching-agreement-idUSKCN1RU2JD\">To read this article:<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(Reuters) L Brands said last week that activist investor Barington Capital has agreed to withdraw its proposed board nominees and instead will serve as a special adviser as part of an agreement with the company. The agreement comes a month [&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-68939","post","type-post","status-publish","format-standard","hentry","category-syndicated"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/68939","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=68939"}],"version-history":[{"count":1,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/68939\/revisions"}],"predecessor-version":[{"id":68940,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/68939\/revisions\/68940"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=68939"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=68939"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=68939"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}