1. Articles from emmarcourt

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    1. WeWork Board Members are Talking About Ousting CEO Adam Neumann Amid IPO Turmoil

      WeWork Board Members are Talking About Ousting CEO Adam Neumann Amid IPO Turmoil
      • Some board members at coworking startup WeWork aim to push out CEO Adam Neumann, according to a report from the Wall Street Journal.
      • The board could meet this week and might discuss Neumann becoming WeWork's nonexecutive chairman, the Journal reported.
      • According to the report, it was unclear how all of the company's seven directors — a list that includes Adam Neumann himself — have sided...
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    2. Bristol-Myers Squibb has $2.2 Billion at Stake if its Deal to Acquire Celgene Falls Apart, and Opposition is Mounting

      Bristol-Myers Squibb has $2.2 Billion at Stake if its Deal to Acquire Celgene Falls Apart, and Opposition is Mounting
      • Opposition to pharmaceutical company Bristol-Myers Squibb's $74 billion acquisition of Celgene is growing.

      • The deal is facing pushback from Bristol-Myers' second-largest shareholder, the investment firm Wellington Management, as well as from activist investor Starboard Value.

      • If Bristol-Myers shareholders oppose the deal at an April meeting, the pharma giant may owe Celgene $2.2 billion and other fees...

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    3. David Tepper’s Appaloosa Hedge Fund just Slammed the Leadership of $50 Billion Drugmaker Allergan, and is Calling for Change

      David Tepper’s Appaloosa Hedge Fund just Slammed the Leadership of $50 Billion Drugmaker Allergan, and is Calling for Change
      • Billionaire David Tepper's Appaloosa LP made a strongly-worded call for change to drugmaker Allergan's board leadership structure on Tuesday.
      • Appaloosa wants Allergan's board to separate the role of chairman and CEO, which today are both held by Allergan's Brent Saunders.
      • In a Tuesday letter, Appaloosa slammed Allergan's executive decision-making, "the record for which has been fraught with ill-considered initiatives and self-inflicted wounds for several years now."..
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    David Tepper’s Appaloosa Hedge Fund just Slammed the Leadership of $50 Billion Drugmaker Allergan, and is Calling for Change Bristol-Myers Squibb has $2.2 Billion at Stake if its Deal to Acquire Celgene Falls Apart, and Opposition is Mounting WeWork Board Members are Talking About Ousting CEO Adam Neumann Amid IPO Turmoil ESG Takes Center Stage Amid Economic Crisis and Social Unrest Fortive Announces Appointment of Sharmistha Dubey to the Board Pulse Biosciences, Inc. Appoints Richard Van Den Broek to Board of Directors Angelique Brunner Joins Cushman & Wakefield Board of Directors FibroGen Announces New Appointments to its Board of Directors ‘Stakeholder’ Capitalism Seems Mostly for Show Activist Shareholder ValueAct Sells Entire Stake in Rolls-Royce OGE Energy Corp. Board Names Luke C. Kissam, IV to Board of Directors Quotas To Get Women On Boards Improve Quality