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

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 LP disclosed on Tuesday that it is seeking to elect two independent candidates to the Lyft (NASDAQ:LYFT) board because the special situations firm believes they have the requisite ...

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 ...

(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 ...