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According to the Wall Street Journal, Dennis Wilson, the founder of Lululemon Athletica, has hired Goldman Sachs as he seeks a shake-up of the board of directors and may consider options including a proxy fight or joining a private equity firm in a buyout. The company’s shares dropped sharply last week after it cut financial forecasts and warned that second-quarter sales were weak. Goldman declined to comment.

“Lululemon Founder Hires Goldman As He Considers Shake-up: Report” is categorized as “business”. This video was licensed from Grab Networks. For additional video content, click the “video” tab at the top of this page.

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