Daily Archives: November 21, 2013

Saga Comm to Pay Special Dividend

(Market Cap $261M) Saga Communications, Inc. has declared a special cash dividend of $1.80 per share on its Classes A and B Common Stock to be paid on December 12, 2013 to shareholders of record on December 2, 2013.  The aggregate amount of the payment to be made in connection with the special dividend will…

Third Activist Fund to Take Position in Aeropostale

Crescendo Partners 777 Third Avenue, Floor 37 New York, NY 10022 (212)-319-7676 November 21, 2013 Members of the Board of Directors c/o Ms. Karin Hirtler-Garvey Aéropostale, Inc. Dear Board Members, Crescendo Partners, together with its affiliates (“Crescendo”), is a significant stockholder of Aéropostale, Inc. (“Aéropostale” or the “Company”). We initially invested in Aéropostale because of…