On April 23, Big Lots, Inc. announced changes to its Board of Directors effective immediately pursuant to an agreement with an investor group composed of Macellum Advisors GP, LLC and Ancora Advisors, LLC and certain of their affiliates. The investor group beneficially owns in the aggregate approximately 9.8% of the company’s outstanding common shares. Tucker Ellis attorneys Chris Hewitt, Jayne Juvan, and Glenn Morrical represented Macellum Advisors GP, LLC and Ancora Advisors, LLC.

Read the press release here.