Dye & Durham in crosshairs of activist funds Blacksheep and Engine
A second activist investor is targeting legal software provider Dye & Durham Ltd. The Toronto company said Monday it had received notice from Blacksheep Fund Management that the Irish hedge fund may nominate its chief investment officer to join D&D’s seven-person board at its next scheduled shareholder meeting Aug. 20. That meeting was called after
Opinion: ‘All systems go’ for investors as stocks power 2023’s gains into 2024
The stock market, as measured by the S&P 500 Index SPX, has continued to move higher over the past week — ignoring the one big down day (70 points) and putting that in the rearview mirror. SPX has made new 2023 highs, and the all-time highs just above 4800 are within shouting distance. It seems