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…

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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 consists of two classes of…

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Activist Engaged Capital is poised to shake up the board at BlackLine

Company: BlackLine Inc (BL) Business: BlackLine provides financial accounting solutions delivered primarily as Software as a Service (SaaS). The company’s solutions enable its customers to address various aspects of their critical processes, including financial close, intercompany accounting, invoice-to-cash, and consolidation. BlackLine’s cloud-based solutions include account reconciliations, transaction matching, task management, journal entry, variance analysis, consolidation…

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Activist Irenic takes a stake in Integer. Here’s what could be next for the company

Timon Schneider | SOPA Images | AP Company: Integer Holdings Corp (ITGR) Business: Integer Holdings Corporation is a medical device contract development and manufacturing company. Its brands include Greatbatch Medical and Lake Region Medical. The company’s Cardio & Vascular product line offers a range of components, subassemblies, and finished devices used in interventional cardiology, structural…

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How activist Elliott can help reinvigorate athleisure giant Lululemon

Jeff Greenberg | Universal Images Group | Getty Images Company: Lululemon Athletica Inc. (LULU) Business: Lululemon Athletica is a technical athletic apparel, footwear, and accessories company. The company organizes its operations into four regional markets: the Americas, China Mainland, Asia Pacific (APAC), and Europe and the Middle East (EMEA). It conducts its business through different…

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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 panels, and lights, as well…

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Activist Starboard reveals 5% stake in Clearwater as tech company reviews its options

Sandeep Sahai, CEO of Clearwater Analytics, at the New York Stock Exchange on Sept. 24, 2021. Source: NYSE Company: Clearwater Analytics Holdings (CWAN) Business: Clearwater Analytics Holdings is a provider of comprehensive cloud-native platforms for institutional investors across global public and private markets. The company’s single-instance, multi-tenant architecture delivers real-time data and artificial intelligence-driven insights…

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