Dye Water
river in Scottish Borders, Scotland, UK
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01.07.2024Labour Party wins the general election
01.07.2024Labour Party wins the general election
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business 2024-12-13 20:33
Dye & Durham's board vote sparks controversy ahead of AGM - Engine Capital LP, owning 7.1 percent of Dye & Durham, claims victory in its proxy battle to change the company’s board.
- The hedge fund reports that over 63 percent of outstanding shares voted for its nominated slate of directors.
- Results of the vote will be tallied during the annual meeting on December 17, 2024, as the company faces significant governance challenges.
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business 2024-12-04 11:16
Engine capital threatens Dye & Durham's growth with disruptive plans - Dye & Durham's Board has recommended a vote in favor of the company's nominees on the GOLD Proxy.
- Engine Capital plans to interrupt the company's growth with an extended listening tour and has failed to present a coherent strategy.
- The situation underscores significant concerns about the implications of Engine's proposals for shareholder value and company performance.
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