Author Topic: RGS - Regis Corp.  (Read 2427 times)

ValueSlant

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RGS - Regis Corp.
« on: August 29, 2011, 12:53:43 PM »
Regis, the hair salon company, is a recent activist target of Starboard Value (formerly part of Ramius). Starboard has a pretty good track record and there is clearly value to be unlocked through cost cutting and divesting the non core assets. But I am a bit skeptical they will be able to pull it off- they only own 4.4% and management looks like they will put up a fight. Anyone else following this one?
Rest of thoughts here:
http://valueslant.com/2011/08/29/regis-corp-rgs-in-need-haircut/