Idaho maker of fries for McDonald’s faces big change forced by activist investor
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Idaho maker of fries for McDonald’s faces big change forced by activist investor
An activist investment partnership just scored a victory in its effort to shake up a struggling Idaho french-fry maker.First the investment group built a stake in the company. Then it forced the CEO to step aside. Now it has won the corporate chairmanship and several other board seats.Eagle-based potato manufacturing giant Lamb Weston announced Monday that it will restructure its board after coming to an agreement with two of its largest shareho…
·Spokane, United States
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