Financial Post – Round one between hedge fund managers Goodwood Inc. and GuestLogix Inc. is over. Both sides have returned to their corners preparing for round two in a battle that may go to 15 and occupy the combatants\u2019 attention till June 30, 2015. Between now and then there\u2019s lots of potential for wild punches, counter-punches and possibly final knockdowns.<\/p>\n
Goodwood is a determined fighter, an activist with big wins under its belt. For instance, in 2012 it launched successful challenges at Longford Energy Inc. and Dacha Strategic Minerals Inc.<\/p>\n
Along with its largest shareholder, Chicago-based Kabouter Management LLC, Goodwood is fully supportive of GuestLogix\u2019s most recent acquisition, the US$41.2 million acquisition of Dublin-based OpenJaw Technologies Ltd. Kabouter referred to the deal as \u201cvery accretive\u201d and game-changing \u201cbecause it creates the world\u2019s first and only complete ancillaries platform, capable of everything from provisioning and merchandising to transacting. Most interestingly, though, there is an enormous cross-selling opportunity that the market is overlooking.\u201d<\/p>\n