Barington Capital Demands Books From Lancaster Colony

Jul.25.07 | About: Lancaster Colony (LANC)

In an amended 13D filing Tuesday on Lancaster Colony Corp. (NASDAQ:LANC), large holder Barington Capital said they delivered a letter to the Company demanding copies of certain books, records of account and minutes of proceedings of the Company.

These would enable Barington to ascertain the value of its interest in the Company and to secure information as to the details of the Company's business and the status of its affairs and to investigate whether there are any deficiencies or improprieties in the management and operations of the Company or with the oversight provided by the Board of Directors of the Company.