By  on June 29, 2007

Shares of Dillard's Inc. rose over 8 percent Thursday after a minority shareholder group sent a letter to the department store requesting a meeting to discuss improving profitability and stock valuation.

Barington Capital Group LP, representing an investment group that owns over 3.2 percent of Dillard's outstanding stock, said it sent the letter to Dillard's chief executive officer William Dillard 2nd after being unable to reach the executive by phone.

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