Blue Clay Withdraws Director Nominees in Select Comfort Proxy Fight

May 13, 2015  by in Financial Reports, Industry   

Blue Clay said Tuesday it was withdrawing its slate of board nominees and that it is now in support of the company’s board.

In its statement, Blue Clay said “Since that time, we are pleased to have seen numerous actions taken by the company in response to our nominations and our carefully researched analysis of the company’s financial performance, capital allocation decisions and the future opportunities that exist to maximize value for all shareholders.”