Hedge fund Marcato Capital Management makes new bet on Dillard's
April 23, 2014 at 13:14 PM EDT
NEW YORK, April 23 (Reuters) - Hedge fund manager Mick McGuire of Marcato Capital Management has taken a new position in Dillard's and is betting the retailer's stock can climb to $155 a share, which would mark a 62 percent gain from its current level.