Fivespan brings amicable activism to Appian in a bid to lift the share price and build value

Fivespan brings amicable activism to Appian in a bid to lift the share price and build value

Company: Appian Corp. (APPN) Business: Appian provides business process management (BPM) solutions. Its products include BPM software, case management, mobile application development and platform-as-a-service. The company was founded by Matthew Calkins, Robert Kramer, Marc Wilson and Michael Beckley in 1999 and is headquartered in McLean, Va. Stock Market Value: $1.86B …

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Activist Dan Loeb dusts off his poison pen as he seeks a board refresh at CoStar Group

Activist Dan Loeb dusts off his poison pen as he seeks a board refresh at CoStar Group

Company: CoStar Group Inc (CSGP) Business: CoStar Group engages in the provision of online real estate marketplaces, information, and analytics in the commercial and residential property markets. It operates through the following segments: CoStar Portfolio, Information Services Portfolio, Multifamily Portfolio, LoopNet Portfolio and Other Marketplaces Portfolio. The CoStar Portfolio segment …

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Activist Ananym Capital urges LKQ to sell its European auto parts business

Activist Ananym Capital urges LKQ to sell its European auto parts business

Company: LKQ Corp. (LKQ) Business: LKQ engages in the distribution of replacement parts, components, and systems used in the repair and maintenance of vehicles and specialty vehicle aftermarket products and accessories. The company operates through four segments: wholesale-North America, Europe, specialty, and self service. It offers bumper covers, automotive body …

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Activist Irenic builds a stake in Workiva, hoping to gain a voice on the software company’s board

Activist Irenic builds a stake in Workiva, hoping to gain a voice on the software company’s board

Company: Workiva (WK) Business: Workiva is a provider of cloud-based reporting solutions that are designed to solve financial and non-financial business challenges at the intersection of data, process and people. The company offers its unified software-as-a-service, or SaaS, platform that brings customers’ financial reporting; environmental, social and governance (ESG); and …

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Sachem Head is pushing for a Performance Food merger. Here’s why a deal makes sense

Sachem Head is pushing for a Performance Food merger. Here’s why a deal makes sense

Company: Performance Food Group (PFGC) Business: Performance Food Group is a food and foodservice distribution company that operates through three segments: foodservice, specialty (formerly “Vistar”), and convenience. Its foodservice segment distributes a line of national brands, customer brands, and its proprietary-branded food and food-related products to independent and multi-unit chain …

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