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DRVN — Driven Brands Holdings News Story

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Brief: Activist Pushes Meineke Owner Driven Brands To Explore A Sale- WSJ

March 25 (Reuters) -

ACTIVIST PUSHES MEINEKE OWNER DRIVEN BRANDS TO EXPLORE A SALE- WSJ

ADW CAPITAL CALLED FOR DRIVEN TO IMMEDIATELY LAUNCH A STRATEGIC REVIEW PROCESS IN ITS WEDNESDAY LETTER, WHICH IT ALSO SENT TO ROARK - WSJ

ADW CAPITAL HAS ROUGHLY 2.5% STAKE IN DRIVEN BRANDS, IS PUSHING CO TO EXPLORE A SALE OR BREAK UP - WSJ

ADW CAPITAL ALSO ACCUSES DRIVEN’S MAJORITY OWNER, PRIVATE-EQUITY FIRM ROARK CAPITAL, OF MISMANAGING THE BUSINESS - WSJ

Source text: https://tinyurl.com/258ud9b7

Further company coverage: DRVN.O

 ((Reuters.Briefs@thomsonreuters.com;))

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