Engine Capital news and trends

Special Situations Fund Engine Capital Seeks Board Changes at Lyft

April 29, 2025
Lyft investor relations
IAC To Purchase Care.com In Nearly $500M Deal
Partnerships / Acquisitions // December 20, 2019

One day after outlining plans to spin off all its Match Group shares, digital brand holding company IAC says it has agreed to purchase Care.com in an arrangement valued at almost $500 million. IAC will pay $15 for each share of Care.com in a transaction...

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Special Situations Fund Engine Capital Seeks Board Changes at Lyft

April 29, 2025
Engine Capital, a special situations fund that invested in Lyft in 2024 and has about a 1% stake in the company, said Tuesday (April 29) that it aims to elect two candidates to the rideshare company’s board of directors and address Lyft’s “governance and capital allocation shortcomings.” Get the Full Story Complete the form to […]

IAC To Purchase Care.com In Nearly $500M Deal

December 20, 2019
One day after outlining plans to spin off all its Match Group shares, digital brand holding company IAC says it has agreed to purchase Care.com in an arrangement valued at...