Engine Capital Sends Letter to Dye & Durham’s Board of Directors Regarding its Concerns About the Company’s Rising and Excessive Leverage

11-09-2024 11:00 0.5 Minutes reading Negative -1.00
NEW YORK--(BUSINESS WIRE)--Engine Capital LP (together with its affiliates, “Engine” or “we”), which owns approximately 7.1% of Dye & Durham Limited’s (TSX: DND) (“Dye & Durham” or the “Company”) outstanding shares, today issued the below letter to the Company’s Board of Directors (the “Board”). *** September 11, 2024 Dye & Durham Limited 1100-25 York Street Toronto, Canada M5J 2V5 Attention: Board of Directors Members of the Board: We were incredibly disappointed by the Company’s r

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