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.
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