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University of Montana Dining is struggling to retain employees, and some branches of the department are reducing hours or temporarily closing to survive. ....
A Texas firm poured $80 million into one of South Carolina s biggest technology businesses earlier this year, giving it some sway to start putting its imprint on the company. Last week, another investor arrived on the scene. It, too, appears to be bringing a hands-on approach with it. Indaba Capital Management told regulators Tuesday that it recently shelled out $25.6 million to amass a 7.5 percent stake in Benefitfocus Inc. The flurry of purchases between Oct. 19 and Dec. 11 makes the California hedge fund the fourth-largest stockholder in the developer of cloud-based workplace benefits software, based on the most recent public disclosures. In its filing with the Securities and Exchange Commission, Indaba said it snapped up the 2.4 million shares in the ordinary course of business and that they represented an attractive investment opportunity. ....