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 SAN FRANCISCO (AP) - A major shareholder of Sharper Image Corp. on Thursday set out to oust the company's board of directors in a bid to retool the ailing retailer of high-tech gadgets and other offbeat merchandise.
The proposed shake up boosted the company's sagging stock price by more than 22 percent.
The Knightspoint Group, which recently acquired a 12.8 percent stake in Sharper Image, hopes to replace the San Francisco-based company's seven-member board with a slate that includes veteran executives and retailing consultants.
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