Impactive Capital LP, a New York-based hedge fund and 7% shareholder in WEX, aims to replace three WEX board members and nominate four of its own unless WEX changes course before next year's annual meeting.
Developers proposing a year-round, live-music venue expect to fill a hole as a mid-size platform for local and regional artists and serve as a feeder to the area’s larger showcases.
The revenue decrease includes an $8.5 million unfavorable impact from fuel prices and spreads and a $2.5 million unfavorable impact from foreign exchange rates, the Portland-based financial services technology provider said.