Sentences with phrase «pressure by activist investors»

(Bloomberg)-- Ashford Hospitality Prime Inc., a U.S. hotel owner that has been under pressure by activist investors, received an unsolicited offer from the Weisman Group to buy the company for about $ 735 million in cash...

Not exact matches

Huntsman abandoned its $ 20 billion merger with Clariant under pressure from activist investors led by Keith Meister's Corvex (through a vehicle called «White Tale»).

Costs are both financial, including listing fees and the expenses associated with mandatory disclosures and other regulatory requirements, and less tangible, such as the perceived burden of quarterly earnings releases, the risk of being targeted by activist investors, and higher visibility that can result in political or competitive pressure.

Tenet Healthcare, under pressure from an activist investor, said on Tuesday it would explore a sale of its Conifer unit, and increase the size of its plan to cut costs by $ 100 million by the end of 2018.

As if Nooyi wasn't facing enough pressure, she soon had to contend with a major activist investor: Nelson Peltz, who took a stake in the company and began agitating for PepsiCo to undo its merger of Pepsi and Frito - Lay, just as Kraft (KRFT) had spun off Mondelez after a similar campaign by Peltz.

Buoyed by an unquenchable thirst for short - term stock gains, traders and activist investors are mounting pressure on a wide array of companies to cut research and capital expenditures in order to increase stock buybacks and thus boost stock prices.

Bowing to the pressure, Chesapeake said this week that four current board members will be replaced with new directors chosen by two top investors, activist Carl C. Icahn and Southeastern Asset Management.

Major clients like Unilever and Procter & Gamble Co. have been cutting marketing costs under pressure from activist investors, while companies disrupted by new technologies have been shaving their advertising budgets.

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.

Rent - A-Center Inc (NASDAQ: RCII) has been under pressure from activist investors to explore a sale, and said in early April it plans on reaching a decision by the second quarter.

In a lengthy profile by Texas Monthly, he says that Goldman Sachs CEO Lloyd Blankfein was eager to court his business when Whole Foods first came under pressure from an activist investor to look for a takeover.

Climate activists are trying to rally folks around an extreme agenda of halting new fossil - fuel projects, denying natural gas and oil industry's financial support by pressuring lenders and investors and pushing for a fast transition to renewable energy.