Reported 17 days ago
Dye & Durham Ltd. saw its shares drop approximately 18%, the largest decline in over a year, after Canada's Competition Bureau initiated a court-backed investigation into potential anti-competitive practices related to its conveyancing software for residential real estate. Despite the company's claims of cooperation and a competitive market, this investigation could hinder its ongoing review of potential acquisition offers, thereby impacting its market valuation and future dealings.
Source: YAHOO