The Globe and Mail reports in its Saturday edition that the Proud brothers are making separate attempts to change Dye & Durham, a company they co-founded. The Globe's Sean Silcoff writes that their latest efforts reflect previous attempts. Matt Proud, former chief executive officer of a company that grew through debt-fueled acquisitions before losing shareholder confidence, made his third bid of the year for D&D on Wednesday. He offered to take D&D private for $20 a share in February through his holding company Plantro, then for $10.25 this fall. The latest bid is for $5.72 a share -- $3.50 in cash on closing and $2.22 of senior unsecured notes. The bid values D&D's equity at $385-million. Matt Proud attempted to privatize D&D in 2021, shortly after its public debut at $7.50 a share. His $50.50-a-share buyout bid was rejected, leading to a contentious pay package that upset shareholders and resulted in the departure of two board members. This dissatisfaction was later leveraged by Engine Capital, which successfully overhauled D&D's board in 2024. Mr. Proud's brother Tyler, was among unhappy shareholders who supported Engine's campaign, which hastened Matt Proud's exit as CEO last December.