A panel of activism experts on June 2 debated the impact of a new Securities and Exchange Commission rule for director fights, with one adviser suggesting it could open the floodgates for activism campaigns...
Last year was another busy one for activist investors launching campaigns pushing for M&A and operational improvements, and a few big campaigns for the first time featured environmental and social topics...
A split Securities and Exchange Commission led by Chair Gary Gensler on Wednesday, Nov. 17, approved controversial rules giving institutional investors more flexibility to pick and choose incumbent and dissident director candidates on a universal proxy card...
Starboard Value LP’s Peter Feld on Thursday, Sept. 30, described the fund’s unsuccessful effort to install a minority slate of directors earlier this month at Box Inc. (BOX) as a “missed opportunity.” Speaking to Jim Cramer at The Deal’s Corporate Governance 2021 conference, Feld argued the cloud content management company needed to have “direct ownership representation” on its board and that Starboard had been “open to working with them...
The co-founder and president of the Center for Political Accountability discusses the growth in support for shareholder proposals urging companies to disclose election-related spending and why companies that don’t disclose these payments face political risk...
Holding individual board members accountable can be an effective tool to impact corporate responsibility, according to Ray Cameron, head of investment stewardship of the Americas at BlackRock Inc. (BLK)...
At the onset of the Covid-19 pandemic in the U.S., corporate dealmakers largely put away their checkbooks in favor of preventing and putting out fires within their current portfolios...
The manager of technology-focused hedge fund EMJ Capital says he thinks the company should use cash on hand — and proceeds from expected unit sales — to make its own acquisitions...
As recently as Monday, Feb. 24, Dan Loeb’s activist fund Third Point LLC, having built up a near 5% stake in the company, launched a campaign seeking to have U.K. insurer Prudential plc separate its Asian business from its U.S. operations...
France's Vivendi SA has urged shareholders to reject activist investor P. Schoenfeld Asset Management LP's call to distribute €9 billion ($9.9 billion) of cash, claiming that it would be "an act of mismanagement" that would open it to litigation. New York-based ...
The company is far from a lemon, but it could perhaps benefit from the type of a tune-up an activist investor could provide. Tesla piled up accomplishments quickly, in the process capturing the attention of both futurists and investors with its beautiful car designs ...
Activist investor Clinton Group Inc., hoping to spark a $316.88 million merger between EveryWare Global Inc. (EVRY) and CSS Industries Inc. (CSS), said Monday that it has sent a letter to the latter's board claiming the former's acquisition committee is ...
Cracker Barrel Old Country Store Inc.'s special shareholder meeting on Wednesday morning only lasted eight minutes, but the result dealt another blow to activist investor Sardar Biglari and his ongoing effort to have the company auction itself off. "Preliminary ...