Fivespan brings amicable activism to Appian in a bid to 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 ($25.21 per share) Activist: Fivespan…

Read More

Trump backs Nexstar’s proposed acquisition of Tegna

Pavlo Gonchar | Sopa Images | Lightrocket | Getty Images President Donald Trump on Saturday endorsed Nexstar Media‘s proposed $6.2 billion acquisition of Tegna, just months after criticizing the deal. “We need more competition against THE ENEMY, the Fake News National TV Networks,” Trump wrote in a Truth Social post. “Letting Good Deals get done…

Read More