1. Articles from wsj.com

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    1. Perry Ellis Agrees to Go Private After Bid From Former Executive Chairman

      Perry Ellis Agrees to Go Private After Bid From Former Executive Chairman

      Perry Ellis International Inc. PERY 0.87% agreed to go private in a deal valued at $437 million, four months after George Feldenkreis, the founder and former executive chairman, made a bid for the apparel company. A newly formed entity controlled by Mr. Feldenkreis will acquire the Perry Ellis shares for $27.50 each. The offer represents a premium of 21.6% to the company’s share price Feb. 5, the last day before the proposal from Mr. Feldenkreis...

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    2. AmTrust Delays Shareholder Vote on Going-Private Deal

      AmTrust Delays Shareholder Vote on Going-Private Deal

      AmTrust Financial Services Inc. said it is delaying a shareholder vote on its $2.7 billion going-private deal, indicating it doesn’t yet have the votes to approve the transaction in the wake of opposition from activist investor Carl Icahn. A special shareholder meeting for the vote had been scheduled for Monday, but the New York insurer said it intended to adjourn the meeting until June 21. In...

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    3. U.S. Activist Investor Takes Stake in Olympus

      U.S. Activist Investor Takes Stake in Olympus

      S ValueAct Capital Management LP made its first foray in Japan by taking a 5% stake in medical-device maker Olympus Corp. OCPNY 0.42% , the latest example of U.S.-based activist shareholders playing a bigger role in Asia. The ValueAct investment represents a bet that Olympus has room to increase its profit and win a higher valuation from investors...

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    4. Icahn Fights Attempt to Take AmTrust Financial Services Private

      Icahn Fights Attempt to Take AmTrust Financial Services Private

      Activist investor Carl Icahn is contesting an attempt by the primary owners of AmTrust Financial Services Inc. to take the company private, saying the company hasn’t treated its public shareholders fairly. In a letter to AmTrust’s board Thursday, Mr. Icahn said the Karfunkel and Zyskind families, which control the New York company, are “blatantly taking advantage” of its minority shareholders...

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    5. CEO Pay and Performance Often Don’t Match Up

      CEO Pay and Performance Often Don’t Match Up

      The best-paid CEOs don’t necessarily run the best-performing companies. Corporate boards have tried for years to tie chief executive compensation to the results they deliver. The better the company and its shareholders do, the more the top boss should be paid, or so the pay-for-performance mantra goes. In reality, CEO pay and performance often don’t match up, and 2017 was no exception. Among...

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    6. Elliott Looks to Take Athenahealth Private

      Elliott Looks to Take Athenahealth Private

      Activist investor Elliott Management Corp. is making a push to take Athenahealth Inc. private, arguing the health-care software company is botching an opportunity to rapidly expand and isn’t providing adequate returns to shareholders as a result. Elliott, which has an 8.9% stake in Athenahealth, offered to buy it for $160 a share Monday, valuing the entire company at about $6.5 billion. That is a 27% premium to Athenahealth’s Friday closing price. ...

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    7. Activist Investor TCI Has Built Stake of Over 4% in 21st Century Fox

      Activist Investor TCI Has Built Stake of Over 4% in 21st Century Fox

      London-based activist investor Chris Hohn has built a roughly $3 billion stake in 21st Century Fox Inc., a position that makes him one of the largest holders of a media company at the center of a global takeover battle, according to people familiar with the matter. The investment places Mr. Hohn’s firm, TCI Fund Management, among Fox’s six largest shareholders, with more than 4% of the company’s shares. Mr....

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    8. ComScore Appoints 360i Chairman Bryan Wiener as CEO

      ComScore Appoints 360i Chairman Bryan Wiener as CEO

      ComScore has tapped board member and digital agency veteran Bryan Wiener as its new chief executive, as the media-measurement company tries to move past years of accounting irregularities . Mr. Wiener is currently executive chairman of Dentsu Inc. -owned ad and media agency 360i, and he has been on comScore’s board since October 2017. ComScore has been without a CEO since November, when co-founder Gian Fulgoni retired from the position...

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      Mentions: CEO SEC crisis
    9. Forest City Board Shake-Up Could Be a Harbinger for Other REITs

      Forest City Board Shake-Up Could Be a Harbinger for Other REITs

      After nine of 13 members of Forest City Realty Trust's board agreed to step down last month, investors turned their attention to other real-estate investment trusts that could face board pressure in the coming weeks.

      The problem: Shares of many REITs have been flagging for the past year, in part because of worries the property market is nearing a peak and partly because of higher interest rates, which make REITs less attractive....

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    10. Blackwells Launches Proxy Fight at Supervalu

      Blackwells Launches Proxy Fight at Supervalu

      A proxy fight is under way at Supervalu Inc. as an activist investor seeks to overhaul the board of directors at one of the nation’s largest grocery companies. Blackwells Capital LLC has nominated candidates for six seats on Supervalu’s nine-person board. Board members will be elected at the company’s shareholder meeting later this year. Supervalu...

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    11. The Fix for Misleading ‘CEO Pay Ratios’

      The Fix for Misleading ‘CEO Pay Ratios’

      In the coming weeks, many public companies in the U.S. will disclose for the first time their “pay ratios”—the CEO’s compensation divided by the median employee’s. The requirement to provide this ratio was included in the Dodd-Frank Act of 2010. But comparing the figures among different companies—and particularly different industries—will hardly be a straightforward task...

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    12. The Wall Street Journal: Activist Investor Urges Grocer Supervalu to Split, Explore Sale

      The Wall Street Journal: Activist Investor Urges Grocer Supervalu to Split, Explore Sale

      An activist investor is turning up its pressure on Supervalu Inc., planning a board fight and urging a breakup and potential sale of one of the nation’s biggest grocery companies. Blackwells Capital LLC, which owns about 4.35% of Supervalu’s stock, privately urged the board to give it three seats and form a committee to review potentially separating Supervalu’s retail and wholesale divisions and selling the wholesale group, according to a letter it sent the board Tuesday evening. ...

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    13. Judge Sides Against Ackman and Valeant in Preliminary Allergan Ruling

      Judge Sides Against Ackman and Valeant in Preliminary Allergan Ruling

      A preliminary ruling from a federal judge against William Ackman, his hedge fund and Valeant Pharmaceuticals International Inc. in an insider-trading case could trigger a settlement between the activist investor and shareholders of Allergan PLC. In recent days, Mr. Ackman, his partners and the plaintiffs have been back in touch with the mediator in the matter, according to people familiar with the matter. There are several parties who would have to agree to any deal...

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    1-24 of 193 1 2 3 4 5 6 7 8 »
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