Capital Markets
Company Overview of Clinton Group, Inc
Company Overview
9 West 57 Street
26th Floor
New York, NY 10019
United States
Founded in 1991
Key Executives for Clinton Group, Inc
Clinton Group, Inc Key Developments
Clinton Group, Inc Presents at GAIM USA 2013, Jan-22-2013 08:40 AM. Venue: Boca Raton Resort & Club, 501 East Camino Real, Boca Raton, FL 33432, United States. Speakers: George Estes Hall, Chief Executive Officer, Founder, President, and Director.
Digital Generation, Inc.'s Executive Chairman has showed interest to acquire Digital Generation. Extreme Reach, Inc. has also shown interest in acquiring Digital Generation. Joseph De Perio, Senior Portfolio Manager at Clinton Group, Inc., said, "As a large stockholder of the Company, we welcome a sale of the business at a fair price to the Company's Executive Chairman or another buyer. However, if the Board cannot complete its strategic process by the annual meeting, we believe it is in the interests of all stockholders to elect directors who can sell the business quickly or help guide the Company to a brighter future as an independent Company."
Clinton Group, Inc said the company is no longer pushing for the sale of Wet Seal Inc. as it has got the control of the Board last week. However, it will now focus on turning the company around. Clinton said Wet Seal could attract buyers if it managed to improve its business, and an offer of between $5 and $8 per share would represent fair value. "There is no definitive time frame set for a turnaround," Clinton Group Managing Director Greg Taxin told Reuters, adding he expects the company to show progress in six to nine months. Wet Seal shares traded at $2.98.
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