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Activist investor ends proxy fight with Select Comfort

2015-05-13 00:25:35| Furniture - Topix.net

The activist investment firm trying to unseat two Select Comfort Corp. directors with its own candidates has given up its fight. Minneapolis-based Blue Clay Capital Management sent a letter to Select Comfort shareholders telling them it's pleased with the actions taken by the Plymouth-based mattress company and withdrew its board nominees.

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