Activist investor asks furniture retailer Ethan Allen to consider sale

August 14, 2015 1:26 PM

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Aug 14 Activist investor Sandell Asset Management Corp said furniture retailer Ethan Allen Interiors Inc should consider selling itself to a private equity firm or monetize its real estate holdings.

Sandell Asset, which owns about 5.5 percent of Ethan Allen's shares, said it was preparing to nominate a slate of directors to the company's board.

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