Activist investor Engine Capital has nominated a slate of directors Monday at Canadian legal software maker Dye & Durham , according to people familiar with the matter, after the company fielded takeover interest and moved to launch a sale process Engine has described as "reactionary." Dye & Durham delayed the special meeting twice to December. Dye & Durham makes a suite of software for law firms and says it has more than 60,000 customers worldwide. Engine has contended that a sale of the company at this time would "substantially undervalue" the company. "Dye & Durham has substantially refreshed its Board and has a focused and aligned management team."

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Persons: Arnaud Ajdler, Ritu Khanna, Hans Gieskes, Aecom, Goldman Sachs, Matthew Proud's, Dye Organizations: Capital, Dye, Durham, LexisNexis, & Durham, DND, Goldman, Bloomberg Locations: Parkland