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Legion, Calstrs End Perry Ellis Proxy Fight After Board Shuffle, TheDeal

May 27, 2015

Activist investors Legion Partners Holdings LLC and the California State Teachers' Retirement System withdrew a short-slate of three dissident directors they had up for the board of Perry Ellis International Inc. (PERY) after the men's and women's apparel retailer moved to shuffle its board and executive positions.

A Morgan Lewis team provided legal advice to Perry Ellis on the matter.

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