Arkhouse Pushes Diller’s People Inc. to Pursue Buyback, HQ Sale

Arkhouse Management Co., an activist investor, sent a letter to People Inc. requesting the company pursue stock buybacks and sell its New York City office building. People Inc. is controlled by Barry Diller. Arkhouse stated these actions would improve shareholder value.

• Bloomberg — Arkhouse Pushes Diller’s People Inc. to Pursue Buyback, HQ Sale

Next story