Sentences with phrase «by activist hedge»

* Entrepreneurial Shareholder Activism: Hedge Funds and Other Private Investors, which shows that the filing of a 13D notice by an activist hedge fund is a catalytic event for a firm that heralds substantial positive returns in the stock.

The authors find that the filing of a 13D notice by an activist hedge fund is a catalytic event for a firm that heralds substantial positive returns in the stock.

The paper confirms our view that the filing of a 13D notice by an activist hedge fund is a catalytic event for a firm that heralds substantial positive returns in the stock.

A study of 888 campaigns mounted by activist hedge funds between 2001 and 2005 finds that the typical target companies are small to mid cap companies, have above average market liquidity, trade at low price to book value ratios, are profitable with solid cash flows and pay their CEOs more than other companies in their peer group.

«Despite the continued support of attacks by activist hedge funds by the Chair of the SEC, and many «Chicago school» academics who continue to rely on discredited statistics, there is growing recognition by institutional investors and prominent «new school» economists of the threat to corporations and their shareholders and to the economy of these attacks -LSB-...]

Yahoo said Monday it will buy 40 million of its shares owned by activist hedge fund trader Daniel Loeb's Third Point for $ 29.11 a share, Friday's closing price, and that he and two other Yahoo directors nominated by Third Point have resigned.

For Dow's Andrew Liveris, a merger could help fend off renewed attacks by activist hedge fund Third Point.

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

Not exact matches

Consumer products maker Newell Brands has agreed to add three independent directors to its board, including one proposed by hedge fund Starboard Value, ending a months - long proxy fight with the activist investor.

The sometimes - activist hedge fund, founded by billionaire Barry Rosenstein, also said it owns about 593,000 shares of Sprouts, which earlier this year held preliminary talks to be taken private by Cerberus Capital Management and merged with its Albertsons Cos. brand, people familiar with the matter said at the time.

Pandora has been urged to explore a sale by Corvex Management LP, a hedge fund run by Keith Meister, a protégé of activist investor Carl Icahn, after it disclosed a 9.9 percent stake in Pandora in May.

Their move follows an activist campaign by hedge fund Starboard Value LP, which is pushing Yahoo to consider a deal with AOL and unlock Yahoo's valuable stakes in Asian Web companies.

In the summer of 2015, the activist hedge fund founded by Paul Singer had gone to war in the Republic of Samsung to stop the South Korean conglomerate from going through with what Singer considered to be an unfair deal.

This thought system has been embraced not only by hedge fund activists like Ackman but also by institutional investors more generally, along with many boards, managers, lawyers, academics, and even some regulators and lawmakers.

Activist hedge fund Jana, led by Barry Rosenstein, disclosed a nearly 9 percent stake in Whole Foods in April.

It also has been a sometime tool of activist hedge and pension funds for legitimate corporate governance changes, but left - leaning state and local pension funds and union pension funds have often used it to achieve political or social ends not shared by other investors.

Driven by increasing mergers - and - acquisitions volume, as well as activist trends, investors allocated roughly $ 15.7 billion to event - driven hedge funds in the first half of 2014, with the activist - only component garnering $ 9.4 billion.

In June, activist hedge fund Marcato Capital Management won a bitter proxy contest that put three of its directors on the chicken - wing restaurant's board following which the company's chief executive Sally Smith said she would retire by the end of the year.

Pershing Square, an activist hedge fund owned and managed by William Ackman, began hostile maneuvers against the board of CP Rail in September 2011 and ended its association with CP in August 2016, having netted a profit of $ 2.6 billion for his fund.

[MebFaber] Hedge funds bloodied by China rout in worst month since 2011 [Bloomberg] Behind enemy lines: foreign hedge funds thrive in China [Reuters] Stung by losses, Kyle Bass hopes for comeback [InsideSources] Paulson to reap fortune flipping US land banks [Independent] The transatlantic divide in hedge fund pay [eFinancialCareers] Meet the new king of subprime lending [WSJ] Tiger Management partners with Yulan Capital in China [StreetInsider] Activist investors» secret ally: big mutual funds [WSJ] Poor returns see investors lose interest in commodity hedge fundsHedge funds bloodied by China rout in worst month since 2011 [Bloomberg] Behind enemy lines: foreign hedge funds thrive in China [Reuters] Stung by losses, Kyle Bass hopes for comeback [InsideSources] Paulson to reap fortune flipping US land banks [Independent] The transatlantic divide in hedge fund pay [eFinancialCareers] Meet the new king of subprime lending [WSJ] Tiger Management partners with Yulan Capital in China [StreetInsider] Activist investors» secret ally: big mutual funds [WSJ] Poor returns see investors lose interest in commodity hedge fundshedge funds thrive in China [Reuters] Stung by losses, Kyle Bass hopes for comeback [InsideSources] Paulson to reap fortune flipping US land banks [Independent] The transatlantic divide in hedge fund pay [eFinancialCareers] Meet the new king of subprime lending [WSJ] Tiger Management partners with Yulan Capital in China [StreetInsider] Activist investors» secret ally: big mutual funds [WSJ] Poor returns see investors lose interest in commodity hedge fundshedge fund pay [eFinancialCareers] Meet the new king of subprime lending [WSJ] Tiger Management partners with Yulan Capital in China [StreetInsider] Activist investors» secret ally: big mutual funds [WSJ] Poor returns see investors lose interest in commodity hedge fundshedge funds [FT]

Earlier this year, the activist investment firm Elliot Associates, run by famed hedge fund manager Paul Singer, recognized the disconnect between Advisory Board's public market price and the actual intrinsic value of the business.

Nestle is being targeted by activist investor Dan Loeb's hedge fund Third Point, which has built a stake of more than $ US3.5 billion ($ 4.6 billion) in the world's biggest food company.

In addition to his direct donations, hedge funder Loeb, a prominent supporter of charter schools, hosted a July Cuomo fundraiser in the Hamptons that was protested by liberal activists.

It was founded around 2007 by Whitney Tilson, a hedge - fund manager and longtime Democratic funder and activist, in an effort to take on the «entrenched» power of teachers unions.

Elliott Management has acquired Britain's biggest bookstore chain, Waterstones, the latest deal by the storied activist hedge fund as it builds up its private equity business.

Elliott Management Corp. has acquired Britain's biggest bookstore chain, Waterstones, the latest deal by the storied activist hedge fund as it builds up its private equity business.

The authors seek to address the questions posed by «critics and regulators» about the benefits of hedge fund activism to shareholders and the claim that hedge fund activists «destroy value by distracting managers from long - term projects.»

The study highlighted that the target firm typically outperforms the market by 7 % to 8 % over a four - week period before and after announced activist campaigns by hedge funds.

• The right activists: If the median activist hedge fund investor essentially breaks even, as the evidence suggests, a blunderbuss approach of investing in a company targeted by any activist investor is unlikely to generate value.

London - based hedge fund advisor Audley Capital Advisors was established in 2005 by activist investor Julian Treger and private equity investor Michael Treichl.

Brooklyn - based artist and activist Ann Lewis talks about: Her recent move to Greenpoint from Bushwick, where she was kicked out of her live / work loft when the building was bought by two hedge - fund entities; the realities of living in an...

Front page stories at The New York Times and The Washington Post have also highlighted Steyer's past investments in the fossil fuel industry and the profits accrued by the hedge fund he used to lead, noting the apparent inconsistency with his political advocacy.16, 17 Bill McKibben who helped inspire Steyer's opposition to the Keystone pipeline and who consults with the billionaire activist, offers an opposing perspective: «After years of watching rich people manipulate and wreck our political system for selfish personal interests, it's great to watch a rich person use his money and his talents in the public interest.»

Others include the billionaire hedge fund manager George Soros and his Open Society, which bolsters democracy by working through non-governmental activists in 100 countries.