Dropbox Faces Pressure From Activist Investor to End Co-Founder’s Control
A shareholder proposal said the company’s dual-class share structure prevents investors from holding management accountable.
Houston We Have a Problem! Dropbox Stock (DBX) Slips as Hedge Fund Moves to Curb Chief’s Control
The skies darkened for cloud storage provider Dropbox (DBX) today on reports that an activist investor wants to curb the power of Chief ...
Dropbox Faces Pressure From Activist Investor to End Co-Founder's Control, WSJ Reports
Half Moon seeks to remove Dropbox's dual-class share structure, which gives CEO and co-founder Drew Houston a voting ...
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Dropbox faces pressure from activist investor to end co-founder's control, WSJ reports
(Reuters) -Cloud storage provider Dropbox is facing pressure from an activist investor to end founder control of the company, the Wall Street Journal reported on Monday, citing people familiar ...
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Dropbox faces pressure from activist investor to end co-founder's control, WSJ reports
Half Moon Capital, a small hedge fund, is criticizing the company's slowing revenue growth and taking issue with its strategy on payment tiers, the report said. Sign up here. Dropbox and Half Moon ...