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>> WELLS FARGO Latest News

MAR 13, 2014 - TheStreet

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Activists Fill Pantry with Full Proxy Slate

NEW YORK (The Deal) -- Shareholders of convenience store operator Pantry  elected the full slate of board directors nominated by an activist group on Thursday, and one of the activists is confident that the new directors will propose value-boosting initiatives such as creating a REIT in the near future. Four or five REITs have already called the activists over the past month to express interest in sale-leaseback deals with Cary, N.C.-based Pantry, according to Jeff Eberwein, founder and CEO of Lone Star Value Management. Eberwein said he believes sale-leasebacks of the company's prime ... Read More

Tags: Activists Fill Pantry with Full Proxy Slate,  Wells Fargo Latest News