Sentences with phrase «activist shareholder pressure»

Not exact matches

Hess announced in May that it will exit its retail, energy marketing and energy trading businesses following pressure from its third - largest shareholder — activist investor Elliott Management — to break up the firm.

«But in fact, the new «activist» investors pushed for seats on boards and pressured management into policies that were viewed as more «shareholder - friendly» — meaning friendlier to short - term investors — including increasing dividends and buyouts.»

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.

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.

The bid was raised after the company was pressured by shareholders led by activist hedge fund Elliott Management.

Hess announced in May that it will sell its retail, energy marketing and energy trading businesses following pressure from its third - largest shareholder — activist investor Elliott Management — to break up the firm.

Breen and Liveris were apparently reacting to pressure from activist investors including Peltz and Third Point's Dan Loeb to resort to financial engineering to create immediate shareholder value.

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.

** 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.

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.

The phenomenon is the result of several converging forces: pressure from activist shareholders; executive compensation programs that tie pay to per - share earnings and share prices that buybacks can boost; increased global competition; and fear of making long - term bets on products and services that may not pay off.

There's nothing like a scandal to encourage board refreshment — except maybe a scandal, plus pressure from activist shareholders.

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:

Duperreault arguably owes his new job to pressure put on AIG by activist investor Carl Icahn, who has been agitating for new management to join the company and move to split it up and sell the parts to unlock value for shareholders.

Worse, the merger price was even below the amount that shareholders would have received in the company's planned phased liquidation, which the company was considering under pressure from Elliott Management, an activist hedge fund and holder of approximate 15 % of American Capital stock.

Barnes & Noble Inc., put itself up for sale Tuesday, succumbing to pressure from shareholder activists as digital books erode the traditional business of the nation's largest bookstore chain.

The company is the target of two activist investors, which could help unlock value for shareholders and has led to increased pressure for improving results at Juniper.

So while I'd view / encourage all activist pressure as a positive / value - enhancing tailwind for shareholders, obviously the quality of the company / management & the overall market / macro environment remain as crucial as ever when evaluating any potential (activist, or passive) investment.

To be fair, the situation at ACPO looks slightly more favorable for shareholders: not only one activist like at WOC, but even two are pressuring the board to take action quickly.

Media enquiries, regulatory or police investigations, sensitive litigation, operational issues, pressure groups, aggrieved customers, disaffected employees and activist shareholders can all put at risk the reputation of a business, its brands and its directors.