DWR Appoints Investment Bank
February 9, 2009,
Struggling residential and contract home furnishings retailer Design Within Reach has retained investment bank Thomas Weisel Partners LLC to review strategic alternatives “including advice related to an unsolicited offer recently received by the company,” said DWR. “We have decided to evaluate alternatives that will best serve the interest of all of our shareholders given our depressed share price,” stated DWR ceo Ray Brunner.
Shares of DWR have traded up to $4.50 as recently as September — but have not been above $1 since late November.
Related Content By Author
Live From New York: Fashion Comes Across the Pond
Home & Textiles Today eDaily
Most Viewed Articles
See the September 2017 issue of Home & Textiles Today. In this issue, we look at the Attack of the Killer Third Tier: Monster off-pricers are climbing to the top of the food chain, plus New Products: 40 pages of new products debuting at the New York Home Fashions Market; Home Stores: TJX unveils first U.S. HomeSense store; Clicks to Bricks: Boll & Branch moves from digital to physical retailing; and much more...