UPDATE: Sachem Sees Helen of Troy Shares as 'Materially Undervalued'
February 04, 2014 at 13:40 PM EST
Sachem Head Capital Management today sent a letter to the Board of Directors of leading consumer goods company Helen of Troy Limited (NASDAQ: HELE ). In the letter, Sachem Head outlines its belief that Helen of Troy shares are materially undervalued, highlighting the Board's apparent unwillingness to respond to recent inquiries regarding potential strategic