Activist Investor Pushes Driven Brands to Sell or Break Up

An activist hedge fund with a 2.5% stake wants Driven Brands (owner of Meineke & Auto Glass Now) to explore a sale or breakup. Roark Capital accused of mismanagement as shares are down over 60% since IPO.

Activist Investor Pushes Driven Brands to Sell or Break Up
Credit: Luke Sharrett/Bloomberg
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