1. Articles in category: BoardNews

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    1. Icahn Gives Up Fight Over Dell Appraisal Rights

      Icahn Gives Up Fight Over Dell Appraisal Rights

      Carl C. Icahn is finally abandoning his battle against Dell‘s sale to its founder.  The billionaire investor disclosed on Friday — on Twitter, as is his bent these days — that he is forgoing his right to have the Delaware Court of Chancery appraise the value of his shares in the computer company...

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    2. Microsoft Board Recommends Gates and Balmer for Re-Election

      Microsoft Board Recommends Gates and Balmer for Re-Election

      Some Microsoft investors might not be happy with the idea of Bill Gates and Steve Ballmer continuing to guide Microsoft after retiring from the CEO role, but it seems likely that both will continue to do just that. On November 19th, company shareholders will vote on the new board of directors, and today the board has recommended that both Gates and Ballmer be re-elected to their positions there...

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    3. Mark Cuban Testifies he was "Upset" Over Mamma.com Actions

      Mark Cuban Testifies he was "Upset" Over Mamma.com Actions

      Mark Cuban admitted in testimony he was angry when told by Mamma.com's CEO about action the company was taking that would devalue Cuban's stake in the company. But anger and insider trading are different things, and the billionaire owner of the Dallas Mavericks still had more to say when a break was called in the trial...

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    4. Board Files for Restraining Order Against Founder Who Still Comes to the Office Everyday

      Board Files for Restraining Order Against Founder Who Still Comes to the Office Everyday

      A Milwaukee nonprofit board of directors filed for a restraining order against its previous executive director, who is also the founder. The organization, called Repairers of the Breach, is, according to its website, “Greater Milwaukee’s grassroots homeless outreach, provider of the area’s only daytime refuge and resource center for homeless people.” Created in 1994, Repairers provides food, clothes, sleeping bags, shower facilities, free medical services, birth certificates, and other services for the Milwaukee homeless community...

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    5. Third Point urges Sotheby's chief executive William Ruprecht to resign

      Third Point urges Sotheby's chief executive William Ruprecht to resign

      Daniel Loeb voices concern about Sotheby's leadership and direction and criticises management for excessive spending An activist investor that has previously targeted Sony and Yahoo has turned its attention to Sotheby's and called for the resignation of the auctioneer's chief executive and chairman. Daniel Loeb's Third Point expressed concerns about Sotheby's leadership and strategic direction ...

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