NEW YORK--(BUSINESS WIRE)-- Engine Capital LP (together with its affiliates, “Engine” or “we”) today announced that it is withdrawing its nomination of candidates for election to Lyft, Inc.’s (NASDAQ: ...

Believes Lyft Should Immediately Implement a $750 Million Accelerated Share Repurchase Program, Eliminate the Dual-Class Share Structure, and De-Stagger the Board Files Definitive Proxy Statement and ...

Activist investor Engine Capital agreed to withdraw its candidates for the Lyft (NASDAQ:LYFT) board following its engagement with the company. The Lyft board boosted its stock buyback to $750 million ...

Lyft (LYFT) is a multimodal transportation network in the United States and Canada. It offers access to a variety of transportation options through its platform and mobile-based applications. The Lyft ...

NEW YORK (Reuters) -Hedge fund Engine Capital Management is gearing up for a boardroom fight at ride-hailing company Lyft and has nominated director candidates, sources familiar with the matter told ...

(Reuters) -Engine Capital said on Friday it would end its activist campaign at Lyft and withdraw its board nominees after the ride-hailing platform raised its stock buyback program to the level ...

Details the Board’s Numerous Governance and Capital Allocation Shortcomings, Including a Dual-Class Share Structure, Staggered Board, Unsustainable Level of Dilution, and Unoptimized Balance Sheet ...