Reuters reported that Livermore Partners has made a public call for change at the company after engaging with management. Livermore views the business as being overlevered and wants to see a slowdown in deal making and greater focus on cash flow. Livermore does not have a disclosable stake and we understand it to be well under the disclosable limit. If the company does not reverse its strategy within the next 12 months, Livermore has said it may push for a sale of the business. Given their curre ....
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Reuters reported that Livermore Partners has made a public call for change at the company after engaging with management. Livermore views the business as being overlevered and wants to see a slowdown in deal making and greater focus on cash flow. Livermore does not have a disclosable stake and we understand it to be well under the disclosable limit. If the company does not reverse its strategy within the next 12 months, Livermore has said it may push for a sale of the business. Given their curre ....