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Deckers wins proxy contest against hedge fund Marcato

BOSTON (Reuters) – Deckers Outdoor Corp beat back a challenge from activist hedge fund Marcato Capital Management, but shares of the maker of UGG boots fell more than 4 percent on news that all its directors had been re-elected. Shareholders voted to return al... More »

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Proxy firm ISS advises shareholders to back Marcato at Deckers

BOSTON (Reuters) – Proxy advisory firm Institutional Shareholder Services on Wednesday suggested shareholders back hedge fund Marcato’s choice of directors at Deckers Outdoor Corp, switching its recommendation after the U.S. fund made changes. In one of the se... More »

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Advisory firms split on Deckers’ proxy contest vote

(Reuters) – Two proxy advisory firms on Friday weighed in on one of the year’s most bitter proxy battles with one backing UGG boot maker Deckers’ management and the other giving partial support to activist hedge fund Marcato Capital Management. Shareholders wi... More »