finance.yahoo.com Deals and strategy
Should ADW Capital’s Activist Sale Push and Governance Critique Require Action From Driven Brands (DRVN) Investors?
In early August 2026, ADW Capital Management sent a public letter criticizing Driven Brands Holdings' board for rejecting its all-cash US$18.00 per share offer and urged an immediate strategic review, including a potential sale of the whole company or individual segments. ADW's accusations of delayed financial filings, damaged credibility, and weak engagement with potential buyers put corporate governance …