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Dye & Durham to Defend Against OneMove Lawsuit

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Dye & Durham to Defend Against OneMove Lawsuit

Dye & Durham (TSE:DND) has released an update.

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Dye & Durham Limited is set to defend against what they consider a meritless lawsuit by OneMove, who along with Engine Capital LP, is trying to gain control of the company’s board without offering shareholders a premium. The company has rejected a settlement that included two board seats and is taking steps to reposition itself and reconstitute the board amidst the ongoing dispute.

For further insights into TSE:DND stock, check out TipRanks’ Stock Analysis page.

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