Sun Capital claims victory over FBI

Thomas, Larry
May 2008
Furniture/Today;5/5/2008, Vol. 32 Issue 34, p1
Trade Publication
The article reports on the success of Sun Capital Partners Inc. in its proxy solicitation against Furniture Brands International Inc. (FBI) in the U.S. It is stated that the shareholders of Sun Capital have elected three nominees on an estimate of a substantial margin made by D. F. King & Co. as board of directors of FBI. These shareholders include Alan Schwarts, Ira Kaplan and T. Scott King.


Related Articles

  • Proxy fight over FBI board seats heats up.  // Furniture/Today;4/28/2008, Vol. 32 Issue 33, p34 

    The article offers information on the proxy fight over Furniture Brands International board seats. It states that Sun Capital, a Brands stockholder, has nominated three new board members against the company's candidates. On other hand, Furniture Brands said that it projects to gain higher...

  • Sun gets 3 on FBI board. Thomas, Larry // Furniture/Today;5/26/2008, Vol. 32 Issue 38, p1 

    The article reports that Furniture Brands International Inc. (FBI) has confirmed that three people nominated by stockholder Sun Capital Partners won for seats on its eight-member board of directors in the U.S. The new Sun Capital backed board members are Alan Schwartz, a professor at Yale Law...

  • Sun Capital sells some of its FBI stake. Combs, Heath E. // Furniture/Today;3/16/2009, Vol. 33 Issue 27, p31 

    The article reports on the decision of Sun Capital Partners Inc. to sell its 711,853 shares at Furniture Brands International Inc. (FBI) in Boca Raton, Florida. The move is claimed to be due to the substantial resources equity investing requires and is part of the company's strategy to focus on...

  • Sun Capital increases FBI stake to 8.9%. Combs, Heath E. // Furniture/Today;9/24/2007, Vol. 32 Issue 4, p94 

    The article reports on the move of Sun Capital Inc. to raise its stake in Furniture Brand International Inc. (FBI) to 8.9 percent in High Point, North Carolina. In a filing with the Securities and Exchange Commission, Sun Capital said that it owns a little over 4.3 million shares of FBI stock...

  • Sun seeks seats on FBI's board. Thomas, Larry // Furniture/Today;4/7/2008, Vol. 32 Issue 31, p1 

    The article reports on the decision of Sun Capital Partners (SCP) to nominate its own slate of directors on the Furniture Brands International's (FBI's) board in Boca Raton, Florida. SCP, whose affiliates own 4.58 million shares of FBI's stock, has asked the latter for a list of its stockholders...

  • Activists Take Center Stage. K. M. // Mergers & Acquisitions Report;5/5/2008, Vol. 21 Issue 18, p1 

    The article discusses issues surrounding the merger and acquisition (M&A) market in the U.S. as of May 2008. Bruce Goldfarb, head of proxy solicitation firm Okapi Parters says that M&A is never been busier in terms of shareholder activism. Attention is reportedly focused at Yahoo and Microsoft....

  • Sage Holdings buys out M: Comms in £90m deal. Quainton, David // PRWeek (London);2/15/2008, p2 

    The article reports on the merger between public relations (PR) agency M:Communications of London, England with private equity backed firm Sage Holdings as it looks for funding for further acquisitions. It cites that Sage Holdings is backed by the Riverside Co. and spent £90 million on M: and...

  • Seeking Governance Inspiration--From Sweden? Davis, Stephen; Lukomnik, Jon // Compliance Week;Jun2010, Vol. 7 Issue 77, p52 

    The article focuses on the Swedish method of corporate governance. It discusses how the method is conducted, why many investors are eyeing on the method, how it might affect U.S. companies, and what the companies can do about it. It is mentioned that the Swedish approach to corporate governance...

  • Hussey leaves Furniture Brands board.  // Furniture/Today;9/9/2013, Vol. 38 Issue 2, p2 

    The article announces that Kent J. Hussey has resigned from the board of directors of Furniture Brands International Inc.


Read the Article


Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics