Sentences with phrase «with shareholder activists»

Partner Sharon Geraghty has been included in Canadian Lawyer Magazine's January 2018 digital edition discussing how businesses can best deal with shareholder activists.

Apple chief executive Tim Cook is scheduled to meet with shareholder activist Carl Icahn on Monday in New York City, according to a report.

Not exact matches

They must either accept his bid to buy out shareholders for $ 13.65 (or about $ 24 billion), or vote it down, forcing Dell and his backers into an even more protracted battle with activist shareholder Carl Icahn.

May 2 - Xerox Corp said its CEO and several board members will step down to settle a suit brought by activist shareholders who had opposed a $ 6.1 billion deal with Japan's Fujifilm Holdings.

We envy them all and want to emulate them but know that they are just people dealing with struggles of a different magnitude from the pressures of going public, the pressures of pricing competition, the pressures of over-reaching of journalists and regulators and the pressures of activist public shareholders with short - term expectations.

Xerox has been targeted by activist investor Carl Icahn and shareholder Darwin Deason, who joined forces last week to push Xerox to explore strategic options, oust its «old guard», including its CEO, and negotiate better terms for its decades - long deal with Fujifilm.

The comment is oddly elliptical and passive given that Pessina is a shareholder controlling 13 % of the company's stock, with allies KKR and activist fund JANA Partners holding sway over another 4.7 % and 1.1 %, respectively.

This follows a lawsuit by activist investor Darwin Deason, who along with fellow Xerox shareholder Carl Icahn has said the deal substantially undervalues Xerox.

Yahoo had to deal with some nasty shareholder activist campaigns, and several readers asked about your thoughts on activism.

«The best way to keep activists away is to perform reasonably well in your business and to communicate with your shareholders,» he said.

How shareholders will vote — either with DuPont or its rival, activist hedge fund Trian Fund Management — will come down to how well they believe DuPont has performed under Kullman, who got the job at the start of 2009.

The company's outgoing CEO Michael Pearson will be testifying before the Senate Special Committee on Aging late Wednesday afternoon, along with activist investor William Ackman, a majority shareholder and board member, and Howard Schiller, a director and former chief financial officer.

Immelt is no stranger to activist investors, having dealt with billionaire Trian Partners boss Nelson Peltz, who was a major GE shareholder.

She recommends approaching activists and their arguments with openness and considering it in the context of what's best for shareholders.

Camber Capital Management, a hedge fund with an activist history, has purchased 5.7 million shares of Tenet Healthcare Corp., or a 5.7 % stake in the money - losing hospital chain.The emergence of Camber was disclosed Monday, just three days after Tenet's largest shareholder, Glenview Capital Management, resigned two Tenet board seats, citing irreconcilable differences with management and the board.Glenview Capital, which owns an 18 % stake in Tenet, gave notice Friday that it would no longer participate in a stand - still agreement that had prevented it from launching a proxy fight for control of the company.Tenet investors welcomed the Camber disclosure Monday, driving up Tenet's stock price to $ 2.18, or 15 %, to $ 16.63 as of 12:30 p.m. ET.Tenet is the nation's third - largest investor - owned

So the activist's lobbying activities have to be limited: He can make public pronouncements about what changes he wants at Hertz, but an actual dialogue with other shareholders is dangerous.

We'd love to see activists with the resources to take on big companies make a push to better align executive compensation with long - term shareholder value.

** U.S. supermarket operator Supervalu Inc is exploring a potential sale following pressure from activist shareholders, including Blackwells Capital LLC, a person familiar with the matter said.

Truly strategic boards will think like activists, put in place good governance practices, stay connected to messaging from Institutional Shareholder Services and Glass, Lewis & Co. and communicate with shareholders all year long.

After all, Apple is not the first company to make decisions with the goal of anticipating activists, and Icahn was not the first activist to push Apple to return capital to shareholders.

For many large shareholders, the 2008 financial crisis was the turning point that led to greater collaboration with activists.

NEW YORK / TOKYO (Reuters)- Xerox Corp (XRX.N) said its CEO and most of its board will step down to settle a suit by activist shareholders Carl Icahn and Darwin Deason, handing over to new management which will reconsider a contentious deal with Fujifilm Holdings (4901.

5 The least the banks could do would be to leave some poorly governed shareholder - unfriendly companies for activist hedge funds to play with.

T) said it would file an objection with a U.S. court over a settlement announced earlier between Xerox Corp (XRX.N) and activist shareholders who oppose a $ 6.1 billion deal between the two companies.

If it sides with Elliott, the activist fund could take control from top shareholder Vivendi.

A stake purchase by the activist investor could add friction in a potential merger of the $ 53 bln software company with its controlling shareholder Dell.

April 6 U.S. supermarket operator Supervalu Inc is exploring a potential sale following pressure from activist shareholders, including Blackwells Capital LLC, a person familiar with the matter said on Friday.

In the fall of 2014, the hedge fund activist and Allergan shareholder Bill Ackman became increasingly frustrated with Allergan's board of directors.

NEW YORK / TOKYO Xerox Corp said its CEO and most of its board will step down to settle a suit by activist shareholders Carl Icahn and Darwin Deason, handing over to new management which will reconsider a contentious deal with Fujifilm Holdings.

CEOs need to be devising strategy, working with board members, energizing organizations, and dealing with shareholders, but most leaders are ill prepared to handle an activist shareholder who comes at the company with a proxy fight and wins seats on the board.

But it's certain that if Tim Hortons had not entertained Burger King's offer, Ackman, an activist investor famous for his pitched battles with companies — whose stake in Burger King has already earned him an additional US$ 200 million on the takeover news — would have sparked an ugly shareholder battle over Tim's.

Overall, cash returned to shareholders is much lower today — even with the recent surge instigated by activist campaigns — than in decades past when the economy enjoyed much more robust growth.

These costs include bankers» and lawyers» fees, the risk of class - action litigation, the need to reveal commercially sensitive information that could benefit rivals, and the prospect of fights with corporate raiders who want juicier returns for shareholders and social activists who want executives to pay heed to their values.

It is worth mentioning that John Wilcox is also directly involved in high - profile Morrow Sodali assignments, when the issues at stake («delicate» items in the Agenda, need to deal with activist «shareholders», consultation at Board level, etc) require it.

BlackBerry's ability to manage inventory and asset risk; BlackBerry's reliance on suppliers of functional components for its products and risks relating to its supply chain; BlackBerry's ability to obtain rights to use software or components supplied by third parties; BlackBerry's ability to successfully maintain and enhance its brand; risks related to government regulations, including regulations relating to encryption technology; BlackBerry's ability to continue to adapt to recent board and management changes and headcount reductions; reliance on strategic alliances with third - party network infrastructure developers, software platform vendors and service platform vendors; BlackBerry's reliance on third - party manufacturers; potential defects and vulnerabilities in BlackBerry's products; risks related to litigation, including litigation claims arising from BlackBerry's practice of providing forward - looking guidance; potential charges relating to the impairment of intangible assets recorded on BlackBerry's balance sheet; risks as a result of actions of activist shareholders; government regulation of wireless spectrum and radio frequencies; risks related to economic and geopolitical conditions; risks associated with acquisitions; foreign exchange risks; and difficulties in forecasting BlackBerry's financial results given the rapid technological changes, evolving industry standards, intense competition and short product life cycles that characterize the wireless communications industry, and the company's previously disclosed review of strategic alternatives.

Many factors could cause BlackBerry's actual results, performance or achievements to differ materially from those expressed or implied by the forward - looking statements, including, without limitation: BlackBerry's ability to enhance its current products and services, or develop new products and services in a timely manner or at competitive prices, including risks related to new product introductions; risks related to BlackBerry's ability to mitigate the impact of the anticipated decline in BlackBerry's infrastructure access fees on its consolidated revenue by developing an integrated services and software offering; intense competition, rapid change and significant strategic alliances within BlackBerry's industry; BlackBerry's reliance on carrier partners and distributors; risks associated with BlackBerry's foreign operations, including risks related to recent political and economic developments in Venezuela and the impact of foreign currency restrictions; risks relating to network disruptions and other business interruptions, including costs, potential liabilities, lost revenues and reputational damage associated with service interruptions; risks related to BlackBerry's ability to implement and to realize the anticipated benefits of its CORE program; BlackBerry's ability to maintain or increase its cash balance; security risks; BlackBerry's ability to attract and retain key personnel; risks related to intellectual property rights; BlackBerry's ability to expand and manage BlackBerry ® World ™; risks related to the collection, storage, transmission, use and disclosure of confidential and personal information; BlackBerry's ability to manage inventory and asset risk; BlackBerry's reliance on suppliers of functional components for its products and risks relating to its supply chain; BlackBerry's ability to obtain rights to use software or components supplied by third parties; BlackBerry's ability to successfully maintain and enhance its brand; risks related to government regulations, including regulations relating to encryption technology; BlackBerry's ability to continue to adapt to recent board and management changes and headcount reductions; reliance on strategic alliances with third - party network infrastructure developers, software platform vendors and service platform vendors; BlackBerry's reliance on third - party manufacturers; potential defects and vulnerabilities in BlackBerry's products; risks related to litigation, including litigation claims arising from BlackBerry's practice of providing forward - looking guidance; potential charges relating to the impairment of intangible assets recorded on BlackBerry's balance sheet; risks as a result of actions of activist shareholders; government regulation of wireless spectrum and radio frequencies; risks related to economic and geopolitical conditions; risks associated with acquisitions; foreign exchange risks; and difficulties in forecasting BlackBerry's financial results given the rapid technological changes, evolving industry standards, intense competition and short product life cycles that characterize the wireless communications industry.

General Motors recently responded to an activist group with a plan to return cash to shareholders through share repurchase, and Lear had previously undertaken this action.

The Gannett battle over, Ferro faced two noisy dissident shareholders: Oaktree, dispatched today with high - priced hush money, and HG Vora, an activist shareholder that smelled profit last year as Tronc was in play and bought into the company speculatively.

Bloomberg reported earlier in the month that Starboard Value, an activist hedge fund and Yahoo! Inc. (NASDAQ: YHOO) shareholder is «taking initial steps» in declaring a proxy fight with the company.

The New York Post, citing its sources, noted that Yahoo's recent agreement with activist investor and major shareholder...

The bill defines activist investors as anyone directly or indirectly seeking to propose a shareholder resolution or nominate a director to the board, or simply acting «broadly in concert with» a proponent.

Much like with «activist investors», the bill includes an extremely broad definition of proxy advisors, including any firm «that provides corporate governance ratings, proxy research, analyses, shareholder services, or other similar services to shareholders of publicly traded entity.»

All plans, intentions, motives, strategies, and objectives of the shareholder with respect to becoming an activist investor and with respect to the nomination or shareholder proposal;

The Texas Act would apply to any person who (i) beneficially owns any securities of a «Texas - based public company» (defined as a publicly traded company whose «headquarters» are located in Texas) and (ii) is an «activist investor» (defined as any person who directly or indirectly nominates or attempts to nominate directors or makes or attempts to make a shareholder proposal with respect to the company).

Coincide, or not, Carl Icahn wrote a letter to Apple shareholders today saying that there is «no reason to persist» with his offer and that the activist hedge fund is «extremely excited about Apple's future.»

As Greenpeace activists cut through the ceiling and absailed into Shareholder Meeting with huge banners and leaflets, Nestlé was held to account for its exploitation of rainforests, for its spying activities and for its failure to abide by baby food marketing standards adopted by the World Health Assembly

Late Thursday night, Xerox released a statement saying that its current board and management team will stay in place, after a settlement agreement it had reached with two activist shareholders has expired.

The documents emerged from negotiations with several activist shareholder groups that had pressed Exxon Mobil to disclose to investors the risks it faces from climate change and steps the company was taking to reduce such risks.

He's also one of the more literate shareholder activists prepared to share his letters with the world at large.

We have 3 classes of shareholders here — let's summarize: i) The smart / non-activist money: Alpine Woods at 4.0 %, and Taube Hodson Stonex (again) with 3.4 %, ii) The in - betweeners: The Oppenheims (9.6 %), with no activist history but obviously with a v personal / vested interest in SRE's strategy and market value, and iii) The activists: Good Lord, the register's a veritable orgy of activists..!