Duckwall-ALCO ends deal with William Blair

ABILENE, Kan. Duckwall-ALCO Stores has announced that the agreement it had entered into on Jan. 9 with William Blair & Company has been terminated. The agreement, designed and entered into by the company prior to the settlement of the threatened proxy contest, no longer serves its intended purpose.

Royce Winsten, Duckwall-ALCO's chairman of the board, stated, "We at Duckwall-ALCO Stores wish to thank the professionals at William Blair & Company for the good work they have done and contributions they have made to the company's ongoing drive to improve its financial performance."