Spark Networks Attracts a New Activist Investor
Spark Networks Inc. (NYSE MKT: LOV), a provider of online personals services around the world, may have caught the eye of at least one activist investor. Osmium Partners LLC reported a 15.1% stake in the company and requested that its principal John Lewis be immediately appointed to the Board of Directors...
| Ackman Reduces Stake in Canadian Pacific Railway
Activist investor William Ackman’s Pershing Square hedge fund reduced its stake in Canadian Pacific Railway Ltd. (NYSE: CP) from 13.8% to 9.8%, according to a recent SC 13D filing with the SEC.
Three Gaming Trends to Watch this Holiday Season
The global gaming industry is expected to grow at a 19.1% CAGR to reach $30.1 billion in 2018, according to Frost & Sullivan, while over half of all U.S. households have a dedicated gaming console.
Starwood Spin Off Could Go Either Way
Starwood Properties Trust Inc. (NYSE: STWD) announced on October 31st that it would spin off its single-family rental-home unit into a real estate investment trust ("REIT").