Dillard's hires Stephens Inc to evaluate options for CDI stake
19 Apr '08
1 min read
Dillard's Inc announced that it has retained Stephens Inc to assist it in evaluating its options with regard to its partial ownership interest in CDI Contractors LLC.
Julie J. Bull, director of investor relations, said, "Because this process will touch on all scenarios and a transaction may not even result, the Company does not plan to issue additional public statements unless a specific transaction has been approved."
Dillard's Inc is one of the nation's largest fashion apparel and home furnishings retailers. The Company's stores operate with one name, Dillard's, and span 29 states.