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Driven Brands Rejects ADW Capital's Unsolicited $18.00/Share Cash Buyout Proposal
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- benzinga
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- Aug 3, 2026, 8:23 PM
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- Aug 3, 2026, 8:23 PM
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ADW Capital Urges Driven Brands To Launch Strategic Review, Explore Sale Of Company Or Asset Divestitures After Rejecting $18/Share Offer
Calls on Company to Launch Public Strategic Review Process Exploring Sale of Company as a Whole or in SegmentsUrges Board to Announce Establishment of Independent Special Committee to Run Process and Engagement of
Read original at benzingaDriven Brands Holdings shares are trading lower despite reporting better-than-expected Q2 results, overshadowed by declining adjusted EBITDA and cautious guidance.
Read original at benzingaDriven Brands Hldgs Q2 Adj. EPS $0.29 Beats $0.26 Estimate, Sales $507.416M Beat $506.309M Estimate
Read original at benzinga