Marcato Capital raises stake in DineEquity to 9.4 pct

Newswire

Feb 25 (Reuters) - Hedge fund Marcato Capital Management raised its stake in DineEquity Inc, making it the fourth-largest shareholder in the restaurant operator. Marcato, run by Richard McGuire, one of the former partners of activist investor William Ackman, had a stake of 9.4 percent as of Feb. 20, compared with 5.5 percent as of Dec. 19. Earlier this month, Marcato said it planned to nominate candidates to the board of Lear Corp, after disclosing a stake of ...

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