Brief: Solas Capital Management says shares of Stanley Furniture were undervalued

HG Holdings

02/03/2016 17:02

March 2 (Reuters) - Stanley Furniture Company Inc  STLY.O : 
 * Solas capital management llc reports 16.4 percent stake in Stanley Furniture 
   Company Inc as of February 29 - SEC filing 
 * Solas capital management - originally purchased shares of Stanley Furniture 
    STLY.O  based on belief that shares, when purchased, were undervalued 
 * Solas capital management - may continue to engage in discussions with 
   management and board of Stanley Furniture as well as other stockholders 
 
* Source text : http://1.usa.gov/1TSklnb 
 
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