Japanese brewer Sapporo Holdings announced its own proxy measures in response to Steel Partners Japan Strategic Fund's efforts to put six members on the company's board, according to a report from the Daily Yomiuri Online. Full Story

Western Investment haa acquired a 7.4% stake in Dynex Capital, according to a regulatory filing. Full Story

In a letter to General Growth Properties, Pershing Square Capital Management and Fairholme Capital Management describe a proposal for a $3.9 Full Story

The Committee to Enhance Denny's, led by Oak Street Capital Management and Dash Acquisitions, said it plans to nominate three new members to the board of Denny's Corp. Full Story

A letter from Osmium Partners to the board of Spark Networks says it is disappointed by an "outrageous" offer from Great Hill Partners to purchase the balance of Spark shares that Great Hill does not already control. Full Story

Bedford Drive Capital was formed to explore alternatives to the sale of Crystal Capital to Brookfield Asset Management, according to Bedford managing member Steven Lebowitz. Full Story

Investors in Cedar Fair said in a statement that three proxy advisory firms recommend voting against the company's proposed acquisition by Apollo Global Management. Full Story

A Red Robin Gourmet Burgers letter to Clinton Group and Spotlight Advisors says the company is making a variety of changes, including a board shakeup and formation of a committee to look for a new chief executive. Full Story

Standard & Poor's dropped its rating on Lions Gate Entertainment Corp., and Variety says the reasons include Carl Icahn's proposed takeover. Full Story

A crowd of law firms including Brodsky & Smith and Robbins Umeda have announced investigations on behalf of shareholders in infoGroup Inc., which is selling itself to CCMP Capital Advisors. Full Story