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Sachem Head has not threatened to launch proxy fight but that option remains on table people said Sachem Head has not threatened to launch a proxy fight but that option remains on the table the people said PositiveActivist hedge fund Sachem Head Capital Management has written a letter to communications infrastructure provider Zayo Group Holdings urging it to explore a sale according to people familiar with the matter http://www.reuters.com/finance/dealshttps://www.reuters.com/article/us-zayo-m-a-head-exclusive/exclusive-activist-sachem-head-pushes-zayo-to-explore-sale-sources-idUSKCN1Q02GS2019-02-12