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The Works braces for boardroom battle as activist investor pushes for more control
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The Works braces for boardroom battle as activist investor pushes for more control
Discount retailer The Works has been engulfed in a boardroom drama as a notorious activist investor pushes to install a retired private equity partner as a director. The retailer, which sells toys and arts and crafts, warned on Thursday that the attempted coup could “create unnecessary distraction [and] risk derailing” the board’s growth strategy. Kelso, [...]
13 Aug, 10:00
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