MA: Activist fund pushes for Parkland Corp. divestment

摘要

Engine Capital Management LP, a New York-basedactivist hedge fund, is trying to coax downstream energycompany Parkland Corp. into a divestment of some assets.Engine Capital sent a letter to members of the Parklandboard of directors Wednesday suggesting that the companymove back toward being a "pure play convenience retailer" akinto Alimentation Couche-Tard Inc. or Casey's General Stores Inc.