ADW Capital Urges Driven Brands To Launch Strategic Review, Explore Sale Of Company Or Asset Divestitures After Rejecting $18/Share Offer
Calls on Company to Launch Public Strategic Review Process Exploring Sale of Company as a Whole or in SegmentsUrges Board to Announce Establishment of Independent Special Committee to Run Process and Engagement of
A big investor is telling Driven Brands to think about selling itself or parts of the company because they think $18 per share isn't enough money. When investors push for big changes like this, it means they think the company could be worth more.
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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
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