Mill Road with stake in Joe's Jeans; may go activist


Joe's Jeans (JOEZ) is ahead 5.6% in after-hours trade as Mill Road Capital discloses a 5.1% stake in the company and says it may wish to "engage" with management.

SEC Form 13G

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Comments (3)
  • duce
    , contributor
    Comment (1) | Send Message
     
    What does that mean?
    10 Feb 2014, 09:16 PM Reply Like
  • nevels2000
    , contributor
    Comments (28) | Send Message
     
    It is a big deal. Here is there website: http://bit.ly/1jrwtLk

     

    They could provide capital for expansion, they could put people on the board, consult, etc. they could even attempt to take the company private. They obviously see JOEZ as a compelling investment. On their website you can see what companies they own.
    10 Feb 2014, 09:38 PM Reply Like
  • nevels2000
    , contributor
    Comments (28) | Send Message
     
    "their website"
    11 Feb 2014, 01:12 AM Reply Like
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