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Here’s the latest on Donuts acquisition of Rightside

Donuts’ purchase of Rightside might be coming to a conclusion. There has been a bit of activity regarding Donuts acquisition of Rightside (NASDAQ:NAME). Offer issued: The tender offer was issued on June 27 and is valid until July 26, 2017 at midnight, which means the deal could close shortly after that. Rightside just needs a […]

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Cannell pushes for more independent board at Rightside

Investor wants other Rightside shareholders to vote “no” again this year. Investor J. Carlo Cannell, whose clients collectively own about 8.5% of Rightside (NASDAQ:NAME), is continuing to push for changes to the company’s board. On Friday, Cannell filed with the SEC and said Rightside’s board is exhibiting “value-destroying behavior” and needs “truly independent and rigorous […]

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J. Carlo Cannell may push for Rightside board shakeup (again)

Activist investor toys with proposing his own board candidates. Investor J. Carlo Cannell, whose investment firms own 8.7% of outstanding shares of Rightside (NASDAQ:NAME)stock, might push for his own slate of three directors for the company’s board at Rightside’s annual meeting in June. In February, after Rightside sold eNom to Tucows, Cannell started Save NAME […]

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