Dye & Durham investor Plantro calls for special meeting, urges sale of company, documents show

Published: 2025-07-07 08:00:16 ET DND.TO

Published on 07/07/2025 at 08:00

NEW YORK (Reuters) -Canadian legal software maker Dye & Durham's second biggest investor, Plantro Ltd, has launched a proxy fight to elect new directors and is pushing for a sale of the company, according to documents seen by Reuters.

Plantro Ltd, which owns 11% of Dye & Durham, told the company on Monday that it nominated three director candidates to the 7-person board and that it requisitioned a special meeting where shareholders would vote on the nominees.

(Reporting by Svea Herbst-Bayliss; Editing by Louise Heavens)