Sentences with phrase «backing of activist investors»

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Valeant, backed by activist investor Bill Ackman, whose Pershing Square Capital Investment holds some 10 per cent of Allergan stock, originally announced its takeover bid back in April and has since boosted it twice to some US$ 53 billion.

Bryant's departure follows a pattern that we've now seen repeated in the industry: Longtime CEOs are stepping aside as they battle activist investors, the pressure to implement the 3G - backed Kraft Heinz model of cost cutting, consumers eschewing their processed products, and pressure to slash their prices from retailers fending off Amazon (amzn).

So increasing focus on shareholder - friendly corporate governance, the rising clout of activist investors and the robust market for corporate control are all manifestations of the fact that shareholders want big companies to give them back their cash, and that companies are increasingly willing to do so.

DuPont early this year announced a $ 4 billion buyback program — on top of a $ 5 billion program announced a year earlier — to beat back activist investor Nelson Peltz's Trian Fund Management, which was seeking four board seats to get its way.

It's clearly more difficult for an activist investor to articulate to stockholders the benefits of improvements in operations or a redirection of investment than it is to simply promise a dividend or a buy - back, which should in turn reduce their chance of getting on the board.

Activist investor David Nierenberg of Nierenberg Investment Management owns 15 % of ESIO, supports the merger and is pushing the company to buy back stock.

After a rough year, Chipotle stock is back, catching the attention of activist investor Bill Ackman.

And speaking of catalysts, it's a brave new world out there for tech companies — activist investors now have an appetite for targeting & harrying even the largest of tech companies to declare a dividend, do a spin - off, buy back shares, or even take on debt.

Several other indigenous activists working to block the Agua Zarca dam had been killed since 2013, but only after Cáceres's high - profile death did two European investors in the project — the Dutch Financial Development Company and Finnfund — express their shock at the violence and back out of their involvement.