SCSF gears up for proxy battle with Furniture Brands

By Lisa Kerner

Charlotte, N.C., March 28 - Furniture Brands International, Inc. investors led by SCSF Equities, LLC plan to conduct a proxy solicitation in connection with the company's 2008 annual meeting, according to a schedule 13D filing with the Securities and Exchange Commission.

The investors intend to nominate individuals for election to the company's board of directions at the meeting and asked the company in a Friday letter for access to Furniture Brands' shareholder list and certain related records, the filing said.

Should the company fail to comply or reply to the letter within five business days, SCSF said it will take legal action.

SCSF, in a separate Friday letter, asked for a copy of the stockholder's list and security position listings in order to disseminate solicitation materials to Furniture Brands' stockholders.

SCSF and its affiliates reported ownership of 4,581,881 shares, or 9.45%, of the Hickory, N.C., furnishings retailer.

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