1. Gullane Capital Partners Announces Support for Activist Position of Destination Maternity

    Gullane Capital Partners Announces Support for Activist Position of Destination Maternity

    Hedge fund owning 3%+ of outstanding shares supports slated new board members Gullane Capital Partners , a Memphis-based hedge fund that holds 3%+ ownership in Destination Maternity Corporation (Nasdaq: DEST), today announced its support of the GOLD proxy card issued by activist shareholders Nathan Miller and Peter O’ Malley calling on stockholders to vote in favor of four director nominees at the Company’s 2018 annual meeting, taking place on May 23, 2018...

    Read Full Article

    Login to comment.

  1. Categories

    1. BoardProspects Features:

      BoardBlogs, BoardKnowledge, BoardMoves, BoardNews, BoardProspects Announcements, BoardProspects CEO, CEO Blog, In the News, Partner Publications, Sponsored Content
  2. Quotes

    1. Destination Maternity's existing board has been given ample time to fix DEST while watching the stock price fall over 80% in the past three years.
    2. We believe the four new proposed directors are highly qualified to restore long term value to DEST and encourage other shareholders to take action.
  3. Topics Mentioned