This Is Why Vera Bradley Is the Latest Activist Target

By Yahoo! Finance   |   11 months ago
This Is Why Vera Bradley Is the Latest Activist Target

Vera Bradley Inc.'s major shareholder, Fund 1 Investments, urges the company to focus on profitability over cash burn. The shareholder suggests exploring strategic alternatives or a sale to maximize shareholder value. Fund 1, holding 10% of the company, proposes various options for the brand's future.

Read More

Did you find this insightful?