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The Children’s Place Issues Statement Informing Shareholders of the Rejection by Macellum and Barington of the Company’s Attempts to Reach a Compromise

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SECAUCUS, N.J.--(BUSINESS WIRE)--The Children's Place, Inc. (NASDAQ:PLCE), the largest pure-play children’s specialty apparel retailer in North America, today issued the following statement in connection with its Annual Meeting to be held on May 22, 2015. “We have engaged extensively with our shareholders in anticipation of our annual shareholder meeting and have heard their wishes clearly. In response to shareholder feedback, the Board of Directors made a proposal to Macellum SPV II, L.P. (“Ma

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