Activist investment firm Engine Capital pushed ride-sharing platform Lyft on Tuesday to consider strategic alternatives, ...

Engine Capital LP disclosed on Tuesday that it is seeking to elect two independent candidates to the Lyft ( NASDAQ: LYFT) ...

Engine Capital LP (together with its affiliates, "Engine" or "we"), which owns approximately one percent of the outstanding common shares of Lyft, Inc. (NASDAQ: LYFT) ("Lyft" or the "Company"), today ...

Engine Capital ramped up pressure on Lyft (LYFT) to explore strategic alternatives, including a potential sale, as part of a broader proxy battle. The activist investment firm, which holds roughly ...

April 16 (Reuters) - Activist investor Engine Capital is gearing up for a proxy battle at Lyft (LYFT.O), opens new tab, after it nominated two directors to the board of the ride-hailing company on ...

NEW YORK - Engine Capital LP, owning about 1% of Lyft Inc. (NASDAQ: LYFT) shares, has called for significant governance and capital allocation reforms at the ride-hailing company, which currently ...

(Reuters) -Activist investment firm Engine Capital wants Lyft to consider strategic alternatives, including a sale, piling more pressure in its proxy battle against the ride-sharing platform.

Lyft’s capital structure is completely unoptimized, with net cash of $831 million (pro forma of its recent acquisition) and a very cash flow generative business model. Engine recommends the ...

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The investor, which owns about 1% of Lyft, also called for governance and capital allocation reforms at the company and ...