D.E. Shaw takes stake in Lowe's - CNBC
Jan 12 (Reuters) - Hedge fund D.E. Shaw & Co has built an
active stake in home improvement chain Lowe's Cos Inc,
CNBC reported on Friday, citing sources.
D.E. Shaw is concerned about Lowe's performance relative its
peers and is not pushing for consolidation with another home
retailer at this time, according to the report. (http://cnb.cx/2Daaw3y)
Lowe's shares touched a record high of $102.28 in
(Reporting by Uday Sampath in Bengaluru; Editing by Shounak
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