VANCOUVER, B.C. PenderFund Capital Management Ltd. (“Pender”), is a shareholder of The Leaf Group (“Leaf” or the “Company”). Pender’s response to Leaf’s announcement that Graham Holdings is going to buy it for $8.50 per share, is that, while Pender generally supports a sale of Leaf, it believes that the offer of $8.50 materially undervalues the […]





