Retailer DWR amends stockholder rights pact

December 2007
Furniture/Today;12/24/2007, Vol. 32 Issue 16, p36
Trade Publication
The article reports on the amendment of the stockholder rights agreement of Design Within Reach Inc. in West Long Branch, New Jersey. The amendment clears the way for two large investors, Glenhill Advisors LLC and Sun Capital Securities Group LLC, to increase their stake in the company above the 15% ownership limit. The company said that the exemption will be granted to them as long as their intention is not for the purpose or effect of changing or influencing corporate control.


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