Charming Shoppes Sells Assets (New York Times)
Two hedge funds who won a battle for more control over Charming Shoppes seem to be getting their way at the plus-size clothing retailer. Crescendo Partners and Myca Partners , which in May won four board seats for themelves and their candidates in a settlement with the company’s management, had been calling for the struggling retailer to sell non-core assets, among other moves to bolster share ...
