The Globe and Mail reports in its Tuesday edition that Dye & Durham has been targeted by a second activist investor. The Globe's Sean Silcoff writes that the company recently received notice from Blacksheep Fund Management stating its intention to nominate its chief investment officer to join Dye & Durham's seven-person board at its next scheduled shareholder meeting on Aug. 20. This meeting was called after New York hedge fund Engine Capital wrote to Dye & Durham last month, requesting the removal of three directors (Brian Derksen, Colleen Moorehead and Leslie O'Donoghue), and proposing three of its own nominees to replace them. Following this letter, Dye & Durham announced that Mr. Derksen, its chairman, would not stand for re-election, and that Ms. Moorehead would take over his position in the interim. "The company and the board are committed to acting in the best interests of the company and all of its stakeholders and, as previously stated, welcome the opportunity to engage with all shareholders," Dye & Durham stated in a release, adding it had retained Goldman Sachs as an adviser. Company spokesman Wojtek Dabrowski said in a text message "we've got nothing to add" to the release.