Sentences with phrase «activist public shareholders»
We envy them all and want to emulate them but know that they are just people dealing with struggles of a different magnitude from the pressures of going public, the pressures of pricing competition, the pressures of over-reaching of journalists and regulators and the pressures of activist public shareholders with short - term expectations.
https://www.inc.com/ Not exact matches
Answer and solution: Term Sheet readers are aware that the private equity industry is increasingly facing an inventory problem — viable targets are too expensive, activist shareholders are forcing companies to do PE - style cost - cutting while they're public, and corporate buyers have so much cash they can afford to pay high premiums.
LSE (ldnxf) has been looking for a new leader since former banker Xavier Rolet abruptly left in November following an ignominious public spat between activist shareholder TCI Fund Management and LSE's board.
So the activist's lobbying activities have to be limited: He can make public pronouncements about what changes he wants at Hertz, but an actual dialogue with other shareholders is dangerous.
Despite the fact that the majority of shareholders oppose the activist shareholder proposals, because of the current regulatory regime, public companies must dedicate time, and money to defend against them.
It's true that the activist investors on the Exxon vote likely include heavy hitters like financial firms BlackRock, Vanguard and State Street (though the specific votes are not made public), which are the company's biggest shareholders, owning more than 18 percent of the stock.
I guess the lesson of Travis Kalanick's resignation as chief executive officer of Uber Technologies Inc. is that you can be the visionary founder of a massive company, stay private to avoid the pressures of the public market, keep control of a majority of the voting power of the shares, and still be forced out in a boardroom coup led by activist shareholders:
excerpt: «After being pestered for years by shareholder activists, Exxon has agreed to produce a public document on its «carbon asset risk.»
The Texas Act would also apply to any proxy advisory firm that «publishes or otherwise provides an analysis or a recommendation to one or more shareholders» of a Texas - based public company concerning a nomination to the board or a shareholder proposal of an activist investor.
The Texas Act would apply to any person who (i) beneficially owns any securities of a «Texas - based public company» (defined as a publicly traded company whose «headquarters» are located in Texas) and (ii) is an «activist investor» (defined as any person who directly or indirectly nominates or attempts to nominate directors or makes or attempts to make a shareholder proposal with respect to the company).
Twitter is a public company, which raises an issue that has often puzzled me: Why don't conservative activists use SEC Rule 14a - 8 (the so - called shareholder proposal rule) to put proposals on corporate proxy statements?
BA Value Investors had previously disclosed an activist holding and, in a June 12 letter to the board, called on VXGN to «act promptly to reduce the size of the board to three directors; reduce director compensation; change to a smaller audit firm; terminate the lease of its facilities; otherwise cut costs; make an immediate $ 10 million distribution to shareholders; make a subsequent distribution of substantially all the remaining cash after settling the lease termination; distribute any royalty income to shareholders; and explore ways to monetize the public company value of the Issuer and use of its net operating losses.»
VXGN has now also attracted the attention of BA Value Investors, which has disclosed an activist holding and called on VXGN to «act promptly to reduce the size of the board to three directors; reduce director compensation; change to a smaller audit firm; terminate the lease of its facilities; otherwise cut costs; make an immediate $ 10 million distribution to shareholders; make a subsequent distribution of substantially all the remaining cash after settling the lease termination; distribute any royalty income to shareholders; and explore ways to monetize the public company value of the Issuer and use of its net operating losses.»
Well, quite a lot... in the past 18 months, we've actually seen Pageant emerge as a vocal & public activist, pushing NTR plc to realise assets & return capital to shareholders.
The highly public nature of this opposition has caused numerous investor groups and shareholder activists to call on 17 different banks, including Wells Fargo and TD Securities, to divest from financing the pipeline.
A partner in the firm's Corporate Transactions & Securities practice group, Bork focuses his practice on takeovers, control contests and activist shareholder matters; public company board and special committee matters; securities law; and public company reporting.
Jana Partners, an activist shareholder and a major US public pension plan provider, and California State Teachers» Retirement System (CalSTRS) have asked Apple to study how excessive phone use can affect mental health.