Ancora-Everbridge Spat
A deal hasn’t happened quite yet for Everbridge, the critical event management provider, but it might. There’s an ongoing conflict between Ancora Holdings Group, which is a significant shareholder of Everbridge. Ancora has urged the Everbridge board of directors to evaluate sale opportunities and engage with a broad set of potential buyers. Everbridge is dramatically undervalued at its current share price, executives at Ancora have said.
Read more about this dispute here and here.