This has lured Royalty Pharma out of shadows, to
offer shareholders an interesting alternative: An $ 11.00 per share bid.
Not exact matches
Nedlands - based explorer Bullabulling Gold has advised its
shareholders to reject Norton Gold Fields» increased takeover
offer of 8 cents per share to obtain a 30 per cent
interest in the company.
In a note released Monday morning, however, Tribune Publishing says that it was simply taking its time to review the
offer, and that the board of directors is «committed to acting in the best
interests of
shareholders and will respond to Gannett as quickly as feasible.»
They interpret and apply legislation and
offer advice to a variety of constituencies —
shareholders, directors, managers and other stakeholders — who have interdependent and even adverse
interests in the well - being of the corporation.
Icahn expressed his distaste for Dell's initial go - private
offering of $ 24.4 billion in a letter to the Dell Board in March, saying that the proposed deal is «not in the best
interests of Dell
shareholders and substantially undervalues the company.»
ISS is expected to publish its view on whether Michael Dell's
offer, which is backed by equity financing from buyout firm Silver Lake, is in the
interest of Dell's
shareholders as early as next week.
Any board of directors would have to consider a takeover
offer if it appears to be one in the best
interest of the company's
shareholders.
Cigna believes a merger with Anthem would create a health insurance powerhouse, but the Connecticut - based insurer is still rejecting a $ 53.8 billion takeover bid from its larger rival, saying the
offer is not in the best
interest of
shareholders.
«We calculate a $ 2.36 / share
offer price could generate an IRR of 12.3 per cent, based on our forecasts, a debt / equity structure of 30 per cent / 70 per cent, an
interest expense rate of 4.5 per cent, a
shareholder loan of half the equity value and an EBITDA exit multiple of 12 times,» the analysts wrote.
With Alphabet only
offering its owners a «Say on Pay» once every three years, it will be
interesting to see if
shareholders take this opportunity to make a stand, however symbolic it may be.
Either the board wasn't acting in what we believed was the
shareholders» best
interest, or the buyout
offer wasn't as real as the founder was claiming.
Other factors that would buoy activity included more
offers by locally listed acquirers, a continuation of foreign bidding
interest, and
shareholder and global fund activism.
As if that wasn't enough, as a rule of thumb they generally
offer very competitive rates on products like mortgages and credit cards, and not only will you make a better
interest rate on your savings account, but as a
shareholder, you might even receive dividend income.
Agreed, it's a tricky situation, but the preferreds still
offer strong enough risk - adjusted rates of return that are acceptable to me for a smallish position.I'm watching management carefully because I'm not sure they are acting in the best
interests of
shareholders.
I didn't like the rights
offering 18 months ago which excluded US ADS holders; my view on management is negative as far as
shareholder interests.
Credit unions can
offer lower
interest rates because they do not have
shareholders.
My main point was that I think management incentives are aligned with
shareholders here; Management desperately wants to grow AUM but can't do a secondary
offering without significantly diluting their own
interest (unless they ante up).
Standard fare which, alas, does not go a long way to realigning their
interests with us simple
shareholders who might like a share price «bump» from a tender
offer.
According to the company's board, this is designed to protect the
interest of all
shareholders in case of a major investor who would try to acquire remaining shares without
offering a «decent price».»
He added that putting customers at the center of everything E.ON does and marketing attractive
offerings for the new energy world will make the company an
interesting investment for
shareholders.
Of
interest is also the fact that Gildan Activewear Inc.'s Board of Directors will
offer shareholders an advisory vote during the 2012 annual
shareholders» meeting on the corporation's approach to executive... [more]
Labeling those who value and defend bar independence as restrictive may permit some to gloss over the consequences of lawyers
offering services to the public while controlled, not by client instructions, but rather by the
interests of silent business partners, be they
shareholders, private investors, or holding companies with other business units.
The company used the net proceeds from the
offering to reacquire regional RE / MAX franchise rights in the Southwest and Central Atlantic regions of the U.S., redeem preferred membership
interests and to repurchase ownership stakes from existing
shareholders.