Clarus Sees another Investor Stockpile Shares
Coming after last week’s news of Parallax Volatility Advisers acquiring more than 5% of CLAR shares without approval of the board, the Black Diamond parent now says that Caption Management, LLC has also taken a stake that would trigger its poison pill. Caption has since disclosed that it no longer holds the threshold of ownership that would trigger CLAR’s shareholder ... Log in to view full article.