He prefers to paint his role in those years with the same «activist investor» brush he holds today, arguing that he has created tens of billions of dollars of
value for shareholders in companies in which he invested.
Our focus remains on the cross platform opportunities in front of us and finding the best ways to continue to create
value for our shareholders in to the future.»
Not exact matches
Tencent lost more than $ 51 billion
in market
value in two days last week on news of largest
shareholder Nasper Inc's 2 percent stake reduction
for $ 9.8 billion, and also management's warning of margin pressure.
In the opinion of the Company's management, these are important indicators of how well management creates
value for its
shareholders through its operating activities and its capital management.
«Decades ago,
shareholders in Delaware corporations were granted the right to seek appraisal
in mergers where they believe they are not receiving fair
value for their shares,» a spokesperson
for the firm told Fortune.
However, the executive maintained that «going forward, we remain confident
in our ability to keep generating premium
value for our customers and premium return
for our
shareholders.»
Metals X looks set to succeed
in its long - running battle
for control of Aditya Birla Minerals, with the takeover target recommending
shareholders accept an increased offer that
values the company at about $ 103 million.
In this role, he leads business and financial strategies
for the company to deliver profitable growth and long - term
shareholder value, and sets direction
for the finance, operations, supply chain and information technology functions.
That increases the shares outstanding and dilutes the stake of existing
shareholders, since shares issued by the company through the exercise of options are not sold
in exchange
for cash at fair market
value but are exercised at a discount.
Westfield, which owns and operates 35 shopping centers
in the United States and United Kingdom
valued at $ 32 billion, said the transaction was «highly compelling»
for Westfield and Unibail - Rodamco's
shareholders.
«After an extensive evaluation of all final proposals received, the Special Committee decided on the proposed scheme, which we believe is compelling and
value - enhancing
for all
shareholders,» Seek Ngee Huat, chairman of GLP's board, said
in a joint statement with the winning consortium.
«
In due course, we will also review all options regarding the ownership structure of Triton Knoll to maximize
value for our company and our
shareholders,» he added.
He wants to make sure that the people running the company behave
in a way that will build
value for shareholders.
Business Insider believes
in companies that not only achieve great financial success, but that create lasting
value for their
shareholders, employees, consumers, and society.
In the U.S., we generally believe that publicly - held firms are to be managed
for «
shareholder value» (technically, the Securities Exchange Commission's Code of Ethics
for CEOs only requires the firm to provide full, fair, accurate and timely financial reporting, and to flag any known conflicts of interest or violations of securities law, but state laws often impose stricter fiduciary duties on the firm's top managers).
You may well hear people point out that there's no evidence that splitting the roles of CEO and chair is beneficial,
in the sense of increasing long - term
shareholder value (or
in terms of any other outcomes,
for that matter).
«
For the remainder of 2014 we will focus on our multi-layered growth strategy, which incorporates same - store sales growth, leverage from higher sales, deployment of free cash flow, increasing royalty revenues and new drive -
in development to build
shareholder value,» Sonic CEO Cliff Hudson said
in a statement.
«The
values we are creating
for shareholders is tied to the
values that guide us as an organization,» said Starbucks CEO Howard Schultz
in a statement.
Cree believes that these non-GAAP measures, when shown
in conjunction with the corresponding GAAP measures, enhance investors» and management's overall understanding of the Company's current financial performance and the Company's prospects
for the future, including cash flows available to pursue opportunities to enhance
shareholder value.
The
shareholders are ultimately the «boss» of the board
in the sense that the board serves as their proxy
for enhancing intrinsic
value, yet boards typically hear about
shareholder concerns indirectly and often not attributed to any specific
shareholder.
The less MC vs. EV, the less residual
shareholders»
value (above what debt holders can claim) the market is pricing -
in for the company.
You Have to Watch Out
for Yourself It's one of the first things they tell you
in business school and you hear it
for the rest of your work life: Your role
in management is to enhance
shareholder value.
LONDON / FRANKFURT / MILAN, May 2 (Reuters)- U.S. hedge fund Elliott is stepping up its activities
in Europe, a Reuters review of data shows, as it sees more opportunities to unlock
value for shareholders by pushing through management changes, company break - ups and merger deals.
LONDON / FRANKFURT / MILAN, May 2 - U.S. hedge fund Elliott is stepping up its activities
in Europe, a Reuters review of data shows, as it sees more opportunities to unlock
value for shareholders by pushing through management changes, company break - ups and merger deals.
Hedge fund Elliott has taken a stake of almost 3 percent
in Sky, according to its latest filing, and other
shareholders have also argued that Disney's agreement to buy Fox implies a higher
value for Sky.
«Elliott believes that the management team led by Mr Genish, together with an independent board, should evaluate whether and when to carry out strategic initiatives,
in the best interest of
value creation
for all
shareholders,» it added.
In a statement the Foodland board said it was continuing discussions with other potential bidders in order to maximise value for shareholder
In a statement the Foodland board said it was continuing discussions with other potential bidders
in order to maximise value for shareholder
in order to maximise
value for shareholders.
In summary, we have not seen anything to give us any confidence that Tribune on its own, with the resources and competitive position it has today, can achieve over any reasonable period of time the
value for shareholders that we believe can likely be achieved through a transaction with Gannett
For shareholders, the deal «provides them with immediate and compelling cash
value and the opportunity to meaningfully participate
in the long - term growth potential of a powerful combined company,» ILG Chief Executive Officer Craig Nash said
in the statement.
«This partnership presents an opportunity to maximize
value for Whole Foods Market's
shareholders, while at the same time extending our mission and bringing the highest quality, experience, convenience, and innovation to our customers,» Whole Foods CEO John Mackey said
in the release.
Altria said
in a statement that «a combination of these two companies would create significant
value for all SABMiller
shareholders,» and that «Altria supports a proposal of 42.15 pounds... and, subject to finalization of terms, would be prepared to elect the partial share alternative.»
After Herzer's lawsuit,
value investor Mario Gabelli, the second - largest voting
shareholder in Viacom, called
for the media company to disclose the state of Redstone's mental competence.
«We are very pleased that MSG's board of directors and management have committed to pursue a plan to enhance
value for all MSG
shareholders through the combination of a share repurchase program and contemplated business spin - off... We look forward to the full and timely implementation of these plans,» JAT Capital Management LP said
in an email to Reuters.
Nestlé has been a leader
in the «shared
value» movement — an effort to show businesses can do good
in the world, even as they are doing well
for shareholders.
So we want to be aggressive
in going after deals, but we want to do deals that create
value for our
shareholders.»
«The prospect of combining with Sprint has been compelling
for a variety of reasons, including the potential to create significant benefits
for consumers and
value for shareholders,» said John Legere, President and CEO of T - Mobile U.S.,
in a statement.
WE recently held a Business Forum during which a selection of eminent business leaders
in Western Australia presented on the topic of Managing
for Shareholder Value into 2002.
Humphrey, who works with numerous CFOs and accountancy experts
in a consulting capacity, says they need to be both Chief Trusted Advisor and Chief Future Officer, defining the vision and creating the reality
for what a company needs to become while delivering long - term
shareholder value.
«However, we have been clear all along that a deal with anyone will have to result
in superior long - term
value for T - Mobile's
shareholders compared to our outstanding stand - alone performance and track record,» he added.
Following Matrix's listing, which is underwritten by stockbroker DJ Carmichael, Majestic will be paid $ 5 million
for its assets on a staged payment basis, while Murchison
shareholders will be offered
in - specie shares — to the
value of $ 5 million —
in Matrix.
Had the director defendants terminated the joint venture agreements, they would have been able to engage
in a fair and equitable bidding process and achieve a fair
value and control premium
for Xerox
shareholders.
«I think the algorithm
for creating
shareholder value in the private markets right now is: Find a great market, put together a great team, have technology at the heart, and establish your position as the perceived leader,» Galloway said.
«
In addition, in those conversations he failed to lay out any alternative strategic plan with the potential to unlock value for shareholders or to provide compelling reasons as to why these businesses belong together.&raqu
In addition,
in those conversations he failed to lay out any alternative strategic plan with the potential to unlock value for shareholders or to provide compelling reasons as to why these businesses belong together.&raqu
in those conversations he failed to lay out any alternative strategic plan with the potential to unlock
value for shareholders or to provide compelling reasons as to why these businesses belong together.»
As part of the launch of the S.O.S. Initiative, Schneiderman and Gascón commended New York State Comptroller Thomas P. DiNapoli
for urging the four leaders of the smartphone industry to protect consumers, and
shareholder value, by working with law enforcement agencies and government officials to pursue a meaningful solution to the spike
in smartphone thefts.
The new company expects to create substantial
value for T - Mobile and Sprint
shareholders through an expected $ 6 + billion
in run rate cost synergies, representing a net present
value (NPV) of $ 43 + billion, net of expected costs to achieve such cost synergies.
Lerman is also a
shareholder in ClassPass, a New York startup that lets you take a bunch of fitness classes
for a low monthly price, which was most recently
valued at $ 400 million.
John Legere, chief executive of T - Mobile, said
in the statement that the prospect of combining with Sprint was compelling, but «we have been clear all along that a deal with anyone will have to result
in superior long - term
value for T - Mobile's
shareholders compared to our outstanding standalone performance and track record.»
In the past, Ackman had been openly critical of Ullman, saying as recently as last May that the department store operator had been chronically mismanaged and had failed to create
value for shareholders for the last 20 years.
Elliott disclosed a 7 percent stake
in Mednax last month and said it would discuss several options to boost
value for shareholders, including a sale of the company.
It's hard to imagine these incentive structures didn't impact the decision of Men's Wearhouse to reject the lucrative buyout offer from Jos. A. Bank
in favor of a much riskier and
value - destroying deal
for shareholders.