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KM Financial Solutions | UPDATE 3-Lowe’s nominates directors after ‘constructive’ talks with D.E. Shaw
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UPDATE 3-Lowe’s nominates directors after ‘constructive’ talks with D.E. Shaw

18 Jan UPDATE 3-Lowe’s nominates directors after ‘constructive’ talks with D.E. Shaw

Posted at 16:30h in News by
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Jan 19 (Reuters) – Home improvement chain Lowe’s Cos Inc
said it has nominated two independent board members and
plans to add a third following “constructive” talks with hedge
fund D.E. Shaw Group, which has taken an activist stake, sending
shares up 3 percent on Friday.

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