activistcompany
325 Master Fund and Harbert Fund reaches agreement with TransAct Technologies (TACT)
Key Summary: Several activist funds have engaged with the company to push for governance and performance improvements. 325 Master Fund
activistcompany
Impactive Capital initiated discussions with SLM Corp
Key Summary: On March 10, 2022, Impactive Capital (5.5%) announced its intent to engage in discussions with management, the
activistcompany
Ancora Advisors reduced its stake after securing board seats in Forward Air Corp (FWRD)
Key Summary: Ancora Advisors, holding a 6.4% stake at its peak, pushed for changes at the company, including board
activistcompany
SWK Holdings Corporation concludes review of Non-Binding Proposal from Carlson Capital
Key Summary: On May 17, 2021, Carlson Capital (71.1%) and the company formed a strategic review committee, appointing Marcus
activistcompany
Dana Incorporated (DAN) announces two appointments to Board of Directors; Reaches agreement with Icahn Capital
Key Summary: Dana Incorporated a vehicle and machinery solutions provider, appointed Brett Icahn and Gary Hu from Icahn Capital to
activistcompany
Bandera Partners increased its stake after securing Board seat in Tandy Leather Factory
Key Summary: In February 2014, Bandera Partners (28%) gained a board seat through mutual agreement and increased its stake to
activistcompany
Edenbrook Capital opines Brightcove (BCOV) could yield $36.37 per share
Key Summary: Edenbrook Capital, holding an 11.2% stake by 2021, advocated splitting the company’s enterprise and media segments,
activistcompany
Stilwell group increased its stake in Kingsway Financial Services (KFS)
Key Summary: In January 2009, Stilwell Group secured a settlement leading to the CEO's resignation, board expansion, and
activistcompany
Kanen Wealth Management/ Philotimo fund increased its stake after securing a Board seat in Build-A-Bear Workshop
Key Summary: Kanen Wealth Management/Philotimo Fund disclosed a 9.7% stake on March 26, 2019, and entered a cooperation
activistcompany
INGLES MARKETS INC. (IMKTA)
Key Summary: Ingles Markets (M. Cap: $732mm as of February 8, 2021) operates supermarkets in the southeastern US. GAMCO, a
activistcompany
Broadwood Partners decreased its stake in OncoCyte Corporation (OCX)
Key Summary: Broadwood Partners, initially disclosing a 13.8% stake in 2016, engaged with the company's management, Board,
activistcompany
Rubric Capital Management and Velan Capital reached an agreement with Heron Therapeutics (HRTX)
Key Summary: Heron Therapeutics (M.Cap: $320M) reached a Cooperation Agreement with Rubric Capital and Velan Capital (13.7% stake)
activistcompany
Gamco reduced its stake in E W Scripps Company (SSP)
Key Summary: E.W. Scripps Company ($1.1B market cap) operates in TV, radio, and digital media. Gamco (16.5%
activistcompany
Trian Fund Management secured Board seats in Invesco Ltd (IVZ)
Key Summary: On October 2, 2020, Trian Fund Management disclosed a 9.9% stake and indicated ongoing discussions with management
activistcompany
Gamco reduced its stake in Lennar Corporation (LEN)
Key Summary: Lennar Corporation (Market Cap: $22.7B in 2020) faced ongoing activism from Gamco over its voting structure and
activistcompany
Prescott expressed its disappointment with the Board of Nature's Sunshine Products (NATR)
Key Summary: Nature's Sunshine Products is a health and wellness company selling nutritional products. Prescott Capital (7.7%
activistcompany
Harbert Discovery Fund Reduced Its Stake in Marchex (MCHX)
Key Summary: Edenbrook Capital steadily increased its stake in Marchex from 2017 to 2020, reaching 19.22%, advocating for strategic
