{"id":9315,"date":"2008-12-09T00:00:00","date_gmt":"2008-12-09T00:00:00","guid":{"rendered":""},"modified":"-0001-11-30T00:00:00","modified_gmt":"-0001-11-30T04:00:00","slug":"dillards-shareholders-demand-access-to-records","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/12\/2008\/dillards-shareholders-demand-access-to-records.html","title":{"rendered":"Dillard&#8217;s shareholders demand access to records"},"content":{"rendered":"<p>Reuters &#8211; Two activist hedge funds of Dillard&#8217;s Inc are demanding access to inspect the retailer&#8217;s books and records, seeking greater transparency from the department store chain&#8217;s executives and family members. <\/p>\n<p>Dillard&#8217;s shares jumped 18 percent in Monday morning trading.<\/p>\n<p>Barington Capital has been calling on the Little Rock, Arkansas retailer to take steps to improve financial results and governance practices since at least June 2007.<\/p>\n<p>The hedge funds own around 5 percent of Dillard&#8217;s class A stock. The Dillard family own most of the company&#8217;s class B stock, which allows them to nominate eight of the company&#8217;s 12 directors.<\/p>\n<p><a href=\"http:\/\/www.hedgeco.net\/news\/news_land.php?i=http:\/\/www.reuters.com\/article\/marketsNews\/idUSN0850484520081208\" target=\"_blank\"><strong>Read Complete Article<\/strong><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Reuters &#8211; Two activist hedge funds of Dillard&#8217;s Inc are demanding access to inspect the retailer&#8217;s books and records, seeking greater transparency from the department store chain&#8217;s executives and family members. Dillard&#8217;s shares jumped 18 percent in Monday morning trading. [&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":[4077,2771,1220,4075,117,553,452,2709,4076,353],"class_list":["post-9315","post","type-post","status-publish","format-standard","hentry","category-syndicated","tag-barington-capital-group","tag-barratt-developments","tag-cocktail-party","tag-incubation","tag-investment-arm","tag-ivey","tag-market-share","tag-reshuffle","tag-robert-connor","tag-stocks"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/9315","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=9315"}],"version-history":[{"count":0,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/9315\/revisions"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=9315"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=9315"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=9315"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}