Clinton Group Tells Nutrisystem to Buy Back Stock or Consider an LBO

The New York–based hedge fund firm is pleased with the weight-loss company’s management team but says the stock price is still too low.

New York–based hedge fund firm Clinton Group, which owns a big stake in diet and weight loss company Nutrisystem, says that while the company has made big improvements, its stock price is still too lean.

In a letter to Nutrisystem chief executive Dawn Zier, Clinton Group, led by George Hall, served up suggestions on how the company could fatten its stock price, calling on Nutrisystem to do a large stock buyback or put itself up for sale.

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