Clinton Group Discloses Stake in Select Comfort

| About: Select Comfort (SCSS)

In a 13D filing on Select Comfort (Nasdaq: SCSS) Tuesday, Clinton Group disclosed a 5.07% stake (2,262,950 shares) in the Company. At the quarter ended December 31, 2007, Clinton did not show a stake in Select Comfort.

The firm also sent a letter dated March6, 2008 to the Board, outlining certain initiatives that the they believe the Board and management should take in order to improve the strategic direction and operational performance of the Issuer.