Friday, September 08, 2006

Cost-U-Less (CULS) Holder Monarch Activist Partners Calls for Sale

In a 13D filing on Cost-U-Less, Inc. (NASDAQ: CULS), Monarch Activist Partners disclosed a 5.3% stake (215K Shares). The investment firm believes that CULS' stock price is significantly undervalued and intend to communicate with management in order to explore measures to enhance shareholder value. These measures include share repurchases, evaluating the benefits of a going-private transaction, and hiring an investment banker to explore strategic alternatives, in particular the sale of the company.

Sign-Up for E-Mail Alerts on CULS (Free) and 13D Filings (Premium Only)


Post a Comment

<< Home