Activist Funds Seek Ouster of Tuesday Morning CEO - News Summed Up

Activist Funds Seek Ouster of Tuesday Morning CEO


Two investment funds are calling for new leadership at discounted housewares retailer Tuesday Morning Corp., the latest in a series of activist campaigns targeting chief executives. Jeereddi Partners LLC and Purple Mountain Capital Partners LLC, which together own 2.4% of Tuesday Morning’s shares, are urging the company to replace Chief Executive Steven Becker, according to a letter to the company reviewed by The Wall Street Journal....


Source: Wall Street Journal September 25, 2017 03:56 UTC



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