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Jay McIntosh News Editor Hi! I’m Jay McIntosh, news editor at Furniture/Today, and it’s my job to keep track of the issues and events of the day. I’ll use this space to offer comments or insights that I hope will bring something new to the table. I welcome your responses and suggestions.
What’s next for Furniture Brands International? If Sun Capital did indeed win three seats on the board as it claims, the answer could be turmoil. Furniture Brands, the parent of Broyhill, Lane, Thomasville, Drexel Heritage, Henredon and Maitland-Smith, says it needs until May 20 to verify the results of the proxy election votes that were submitted at this week’s annual shareholders meeting. Sun s... Read MoreComments (7)
If you’ve surfed the Web looking for stories on Sun Capital’s bid to acquire Furniture Brands International, you may have read that FBI “rejected” the bid. That’s not quite right. True, Furniture Brands executives expressed some disdain for the proposal last week from Sun Capital, which said the private equity group wants to acquire the big manufacturer and importer (parent of Broyhill... Read MoreComments (1)