Activist Investor OneMove Says Sylogist Board Blocked Settlement Talks

🇺🇸 Bloomberg (US) —

AI Summary

OneMove Capital Ltd. has accused Sylogist Ltd.'s board of obstructing settlement discussions related to an ongoing proxy fight. The activist investor claims their offer to reduce their demands in exchange for fewer independent director seats was rebuffed.

Investment firm OneMove Capital Ltd. said Sylogist Ltd.’s board rebuffed attempts to settle a proxy fight, even after the activist investor offered to accept fewer independent director seats.

Deals OneMove Sylogist proxy fight board settlement

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