finance.yahoo.com Deals and strategy
Activist investor calls on Zevia board to sell business
Activist investor Kanen Wealth Management has urged Zevia's board to launch a review of the company's strategy, including a sale of the US zero-sugar soft-drinks maker. In a letter dated Friday (14 August), David Kanen, the president of Kanen Wealth Management, said Zevia is "worth $2.75 to $3.75 per share in a sale - more than double the …