A second activist investor penned an open letter to Deckers Brands on June 27, demanding the sale of the company and threatening changes to the board of directors as a result of declining share values. Marcato Capital Management purchased 6 percent of the Goleta footwear company’s outstanding common shares in February, spending around $88 million.…
This article is only available to Business Times subscribers
Subscribers: LOG IN or REGISTER for complete digital access.
Not a Subscriber? SUBSCRIBE for full access to our weekly newspaper, online edition and Book of Lists.
