Gildan Activist Browning West Scores Glass Lewis, ISS Endorsements
The embattled apparel manufacturer and its activist investor cohort have been making their cases to shareholders in the final stretch before May 28’s annual meeting, reiterating many of the barbs that has characterized the months-long proxy battle, while the activist investors led by Browning West picked up several third-party wins in recent days. The lead firm announced Friday that two legal challenges from GIL have been dismissed. Quebec Superior Court tossed the Gildan board’s multi-national charge that Browning West violated the US HSR Antitrust act in its build-up of shares to ... Log in to view full article.