Investment bank Goldman Sachs is understood to be helping Dreamworld and Main Event owner Ardent Leisure as it deals with pressure from activist investors spearheaded by Ariadne Australia.
It's understood Goldman Sachs has been advising the Ardent board and management team, led by chairman George Vernardos and CEO Simon Kelly, on how to deal with its activist shareholders.
Ardent's rogue investors, who account for about 10 per cent of the company's issued equity, have called a general meeting of Ardent shareholders to be held on September 4.
The activists are seeking to have representatives appointed to Ardent's board, including Ariadne's Gary Weiss and Kevin Seymour, and have outlined their proposed plans for the company.
The meeting comes as Ardent revealed a $76.1 million annual profit on Friday, in line with previous guidance.
Of course Goldman Sachs is not the only investment bank working with Ardent.
The company also has Credit Suisse's bankers at hand, to help with a strategic review initiated by new chief executive officer Kelly.
Goldman Sachs' role comes as the bank also advises BHP Billiton on the Australian market's biggest activist case - it's dealings with hedge fund Elliott Management.
