Sentences with phrase «activist shareholder»

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.
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.
He also provides advice regarding strategy in takeover and activist shareholder matters and other contests for corporate control.
Derek also provides advice regarding strategy and shareholder communications in activist shareholder matters, proxy contests and hostile takeovers.
With the arrival of activist shareholder Bill Ackman in Canada, panel moderator and Ohio State University law professor Steven Davidoff kicked off the session with a discussion about the current climate for activists and how to deal with them.
His comments were in support of his shareholder proposal to end all political activist shareholder proposals.
Retaining the option of owning the minimum number of shares necessary to be an activist shareholder.
Insiders own virtually no shares of the company, making Myriad vulnerable to activist shareholder action.
Very interesting to see the activist shareholder philosophy validated so publicly and so rapidly with regard to Donegal Creameries.
It has GBP 28.5 mio of Cash (and no Debt) vs. a GBP 52.1 mio Mkt Cap, an even better 11.3 % dividend yield (covered for 5 years), and yes, it has a lurking great catalyst in the form of a key activist shareholder.
From my perspective, I was actually v encouraged by the added shareholder value arising from the company's smart & v chunky share buyback programme, and by the presence (until recently) of an activist shareholder, Everest Funds **.
Gemfields is the v definition of an informed activist shareholder!
It's a another biotech net / net with an interesting spin dynamic and an entrenched activist shareholder base.
Without an aggressive activist shareholder base, I think management would have just drained this company for as long as possible.
As I said above, Bill Ackman differs from most value investors in that he is also an activist shareholder.
The documents emerged from negotiations with several activist shareholder groups that had pressed Exxon Mobil to disclose to investors the risks it faces from climate change and steps the company was taking to reduce such risks.
DiNapoli has sought to leverage the pension fund to produce changes in fossil fuel companies as an activist shareholder.
And Eliot Spitzer would be one hell of an activist shareholder.
That sounds awfully like the activist shareholder model that's currently being exercised by state Comptroller Tom DiNapoli, who has sought to squeeze reforms from major companies the state's pension fund has invested in, including greater disclosure of their political activity.
Activist shareholder Carl Icahn named four nominees to the Xerox board on Dec. 11.
The Gannett battle over, Ferro faced two noisy dissident shareholders: Oaktree, dispatched today with high - priced hush money, and HG Vora, an activist shareholder that smelled profit last year as Tronc was in play and bought into the company speculatively.
You may become very frustrated if you learn after he fact that an activist shareholder has publicly stated, in a 13D filing, that he intends to purchase additional stock to bring his ownership percentage up to a certain threshold.
Despite heavy media and shareholder scrutiny of Yahoo's direction - activist shareholder group Starboard Value urged the comp...
While activist shareholder Sandon Capital has been a voluble opponent of the deal, arguing Tabcorp is getting a very good asset in the Tatts lotteries business, there are enough big shareholders who own stock in both companies that are in favour of the transaction to make a favourable vote likely.
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.
Enter Carl Icahn, activist shareholder, who had his own ideas about how Blockbuster should be managed and particularly about Antioco's compensation package.
CEOs need to be devising strategy, working with board members, energizing organizations, and dealing with shareholders, but most leaders are ill prepared to handle an activist shareholder who comes at the company with a proxy fight and wins seats on the board.
I knew, of course, that Icahn was an «activist shareholder,» but I had no idea why he might be calling.
On the eve of a special shareholders» meeting last May by Taseko Mines Ltd. (TSX: TKO), activist shareholder Raging River Capital LP threw in the towel.
The last of them, Scott Thompson, resigned in disgrace after five months when a large activist shareholder, Dan Loeb, published an open letter accusing him of fabricating a computer - science degree.
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.
Activist shareholder Carl Icahn rallied against the corporate governance system in American business in a Wall Street Journal editorial published Wednesday.
The company and Allen have recently come under attack from an activist shareholder who says Allen has mismanaged the company.
Whole Foods hired the advisory firm Evercore Partners earlier this year to defend itself from pressure by activist shareholder Jana Partners, which announced in April it had amassed an 8.3 percent stake and pushed for changes to the Whole Foods board of directors.
A report from activist shareholder Spring Owl Investments that called for Dauman's removal due to the underperformance of the stock seemed like it was shouting into the wind.
They must either accept his bid to buy out shareholders for $ 13.65 (or about $ 24 billion), or vote it down, forcing Dell and his backers into an even more protracted battle with activist shareholder Carl Icahn.
The appointment of Dauman is also like waving a red flag in front of Viacom's critics — including activist shareholders such as Mario Gabelli and SpringOwl Asset Management.
May 2 - Xerox Corp said its CEO and several board members will step down to settle a suit brought by activist shareholders who had opposed a $ 6.1 billion deal with Japan's Fujifilm Holdings.
Xerox said its CEO and most of its board will step down to settle a suit by activist shareholders Carl Icahn and Darwin Deason.
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.
Amazon's $ 13.7 billion deal for Whole Foods Markets came together swiftly after the upscale grocer battled activist shareholders over its future earlier this year.
Earlier this month Reuters reported, citing a source, that the company was exploring a potential sale encouraged by activist shareholders, including Blackwells Capital LLC.
April 24 (Reuters)- U.S. supermarket operator Supervalu Inc said on Tuesday it would sell eight of its distribution centers to an undisclosed buyer for about $ 483 million following pressure from activist shareholders, sending its shares up 3 percent.
Prominent corporate lawyer Martin Lipton says that settling might be the better way to go for DuPont and other companies battling against activist shareholders.
Tags: Activist Shareholders, Bank of America, Banks, Citigroup, Countrywide, Ken Lewis, Merrill Lynch, Treasury, Vikram Pandit
** U.S. supermarket operator Supervalu Inc is exploring a potential sale following pressure from activist shareholders, including Blackwells Capital LLC, a person familiar with the matter said.
NEW YORK / TOKYO (Reuters)- Xerox Corp (XRX.N) said its CEO and most of its board will step down to settle a suit by activist shareholders Carl Icahn and Darwin Deason, handing over to new management which will reconsider a contentious deal with Fujifilm Holdings (4901.
Turning Yahoo into a growing products company and appeasing its activist shareholders are now almost mutually exclusive tasks.
T) said it would file an objection with a U.S. court over a settlement announced earlier between Xerox Corp (XRX.N) and activist shareholders who oppose a $ 6.1 billion deal between the two companies.
April 6 U.S. supermarket operator Supervalu Inc is exploring a potential sale following pressure from activist shareholders, including Blackwells Capital LLC, a person familiar with the matter said on Friday.
a b c d e f g h i j k l m n o p q r s t u v w x y z