Girard Partners to Resume Proxy Fight: Girard...
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Girard Partners to Resume Proxy Fight: Girard Partners, an investment group headed by La Jolla financier David H. Batchelder, confirmed that it will resume its proxy fight to gain control of the board of the Pic ‘N’ Save close-out retail chain. Directors will be elected at an annual meeting scheduled for Aug. 29. The disclosure came one day after Dominguez-based Pic ‘N’ Save announced that its chairman, president and chief executive, Lewis B. Merrifield III, would resign and that the firm would cut staff, buy back stock and take other measures to boost its stock price.
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