Tagged NTRI

0

Legion Thinks NTRI is Misunderstood

The Reporting Persons purchased the Shares based on the Reporting Persons’ belief that the Shares, when purchased, were undervalued and represented an attractive investment opportunity. Depending upon overall market conditions, other investment opportunities available to the Reporting Persons, and the availability of Shares at prices that would make the purchase or sale of Shares desirable,…

Clinton Group’s Follow-Up Letter to Nutrisystems

(Market Cap $422M) Ms. Dawn ZierChief Executive OfficerNutriSystem, Inc.600 Office Center DriveFort Washington, PA 19034 Re: Clarifying My March 24, 2014 Letter Dear Ms. Zier: Thank you for taking the time to talk on Friday regarding the letter I sent on March 24, 2014, on behalf of Clinton Group, Inc. and its affiliates and associates (“Clinton…

Clinton Group Makes Case for Nutri Systems Stock Buyback

(Market Cap $421M) March 24, 2014 Ms. Dawn ZierChief Executive OfficerNutriSystem, Inc.600 Office Center DriveFort Washington, PA 19034 Re: Creating Additional Shareholder Value at NutriSystem, Inc. Dear Ms. Zier: I write again on behalf of Clinton Group, Inc., the investment manager to several partnerships and funds (“Clinton Group”) that collectively own more than 6% of…

Clinton Group Calls Nutrisystem Stock Extremely Undervalued

(Market cap $395 million; Clinton Group owns 5.2%) PURPOSE OF TRANSACTION The Reporting Persons initially acquired beneficial ownership of the Common Stock of the Issuer for investment purposes because they believed the Issuer’s Common Stock represented an attractive investment opportunity. The Reporting Persons believe that the Common Stock at current market prices is undervalued. On…

NutriSystem Authorizes Buyback = 40% of Market Cap

(NutriSystem has a market cap of $373 mm and an EV of $338 mm; the stock has a dividend yield of 5%) FORT WASHINGTON, Pa.–(BUSINESS WIRE)– Nutrisystem, Inc. (NASDAQ:NTRI – News), a leading provider of weight management products and services, today reported financial results for the second quarter 2011. The company also announced that the…