#Latest news with #InformationServicesCorp.Bloomberg05-05-2025BusinessBloombergActivist Plantro Ups ISC Battle, Plans to Extend Mini-TenderAn activist investor is escalating a campaign against Information Services Corp. and will extend the deadline for a mini-tender offer that seeks to buy as much as 15% of the Canadian database company. Plantro Ltd., a private holding company led by former Dye & Durham Ltd. Chief Executive Officer Matthew Proud, may seek a shareholder meeting to nominate its own slate of directors if ISC doesn't engage, according to a person familiar with their strategy.
Bloomberg05-05-2025BusinessBloombergActivist Plantro Ups ISC Battle, Plans to Extend Mini-TenderAn activist investor is escalating a campaign against Information Services Corp. and will extend the deadline for a mini-tender offer that seeks to buy as much as 15% of the Canadian database company. Plantro Ltd., a private holding company led by former Dye & Durham Ltd. Chief Executive Officer Matthew Proud, may seek a shareholder meeting to nominate its own slate of directors if ISC doesn't engage, according to a person familiar with their strategy.