Sentences with phrase «fund osmium»
Hedge fund Osmium own 14.1 % of the company, and want to change leadership by filling four board seats with their own candidates.
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California - based hedge - fund Osmium — who own 14 % of the company — have been calling for new management, including putting their founder John Lewis on the board.
Not exact matches
Things have been tense lately with Osmium, a San Francisco hedge fund that has been pushing for board seats over concerns that Spark has been neglecting to allocate sufficient funds for JDate while over-spending on Christian Mingle.
A: Executives at Osmium, the hedge fund calling for the heads of various Spark executives.
BUZZFEED - June 20 - Osmium Partners is almost certain to win the four board seats it is gunning for when Spark holds its annual shareholder meeting, allowing the activist hedge fund to take control and force a sale of the company.
Osmium Partners, another fund that owns 6.1 % of Spark, called the deal «grossly inadequate» and vowed to fight any offer less than $ 6 a share.