Prominent corporate lawyer Martin Lipton says that settling might be the better way to go for DuPont and other companies battling
against activist shareholders.
Not exact matches
The settlement did not resolve the
activists» claims
against Fujifilm, which the
shareholders have criticized for aiding previous Xerox management.
Activist shareholder Carl Icahn rallied
against the corporate governance system in American business in a Wall Street Journal editorial published Wednesday.
A tech - savvy and surefooted negotiator, Cohn has since led more than 30
shareholder campaigns
against the likes of Compuware, BMC Software, and lately EMC, becoming one of the most powerful and effective
activists in the finance industry.
That put him on the opposite side of the table from
activist investor Carl Icahn, who turned into Herbalife's largest
shareholder even as Ackman mounted a campaign
against the company.
This is a great tool
against would - be
activist shareholders wanting to shake up management (or worse).
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.
Lagardere
shareholders reject
activist demandsShareholders in Lagardere SCA (MMB.FR) voted Thursday
against motions proposed by
activist investor Amber Capital to change the group's corporate governance.
Against this backdrop,
activist investment firm JCP Investment Management took up a significant minority stake in Fiesta over the past year, and JCP is now spearheading a
shareholder group that is pushing for a boardroom shakeup.
Following discouraging market share losses in fiscal 2017,
shareholders voted —
against management's recommendation — to add
activist investor Nelson Peltz to the board of directors late last year.
According to the New York Post, Yahoo! Inc. (NASDAQ: YHOO) is preparing for a potential proxy battle
against activist investors, including Starboard Value, by hiring advisers who specialize in defense
against «cage - rattling
shareholders.»
Telecom Italia
shareholders will decide whether the
activist hedge fund Elliott Management has the power to revamp the board
against controlling stakeholder, the French entertainment group Vivendi.