Activist investors enjoy strong rebound in ’23, gird for more proxy fights
By Svea Herbst-Bayliss (Reuters) – Activist investors roared back to double digit returns in 2023 after a year of losses, with a stronger equity market and savvy stock picking fueling their rebound,…
Activist investor Peltz reignites proxy battle with Disney
(Reuters) – Activist investor Nelson Peltz nominated himself and former Walt Disney executive James “Jay” Rasulo to the board of the 100-year-old media company on Thursday, his second attempt this year to…
Russian and Moldovan National Pleads Guilty to Operating Illegal Botnet Proxy Service that Infected Tens of Thousands of Internet-Connected Devices Around the World
SAN JUAN, Puerto Rico – A Russian and Moldovan national pled guilty to three counts of violating 18 U.S.C. § 1030(a)(5)(A) Fraud and Related Activity in Connection with Computers. The FBI today…
Azenta makes board changes, takes other steps; avoids proxy fight with activist
By Svea Herbst-Bayliss NEW YORK (Reuters) – Azenta on Monday announced strong earnings as well as changes to its board and said that activist investor Politan Capital Management, one of the biotechnology…
Proxy firm ISS recommends vote in favour of Brookfield-led consortium’s Origin Energy bid
By Scott Murdoch SYDNEY (Reuters) – Proxy advisory firm Institutional Shareholder Services (ISS) has recommended investors vote in favour of a Brookfield-led consortium’s $10.5 billion bid for Australia’s Origin Energy. The offer…
Proxy advisor ISS opposes Stratasys, Desktop Metal merger in 3D printing
By Svea Herbst-Bayliss NEW YORK (Reuters) – Influential proxy advisory firm Institutional Shareholder Services recommended 3D printer manufacturer Stratasys shareholders reject plans to buy Desktop Metal, saying another offer “presents a more…
U.S. proxy solicitor Okapi forms alliance with Investor Update Ltd to expand abroad
NEW YORK (Reuters) – Okapi Partners, which counsels on proxy fights and mergers and acquisitions, is joining forces with UK-headquartered shareholder intelligence firm Investor Update Ltd to expand abroad, tapping a surge…
In Australian defamation court, a proxy ‘war crimes trial’ nears judgement
By Byron Kaye SYDNEY (Reuters) – Australian special forces soldier Ben Roberts-Smith was lauded as a hero and awarded Australia’s highest military honour for “conspicuous gallantry” during a 2010 attack on two…
Several Pitney Bowes investors to vote for Hestia slate in proxy battle
By Svea Herbst-Bayliss NEW YORK (Reuters) -Four large investors in Pitney Bowes told Reuters they will vote for Hestia Capital’s director candidates as the activist fund campaigns to oust the shipping and…
Former Kingsdale executive Fein launches new proxy solicitation firm
NEW YORK (Reuters) – A former top executive at proxy solicitor Kingsdale Advisors on Monday said he launched a new firm amid growing demand for advice on engaging with shareholders as corporate…
Carl Icahn prepares for proxy fight at Illumina – WSJ
(Reuters) – Activist investor Carl Icahn is preparing a proxy fight at Illumina Inc, arguing that the life science maker’s acquisition of Grail Inc cost its shareholders roughly $50 billion, the Wall…
Bath & Body Works adds director, Third Point backs off proxy fight
By Svea Herbst-Bayliss NEW YORK (Reuters) -Bath & Body Works Inc on Monday named veteran financial executive and board member Thomas Kuhn as a new director, ending a potential challenge from billionaire…
Third Point to launch proxy fight against Bath & Body Works – WSJ
(Reuters) – Third Point LLC plans to launch a proxy fight against Bath & Body Works Inc to address excessive executive pay and the company’s lagging financial performance, the Wall Street Journal…
GOP Rep Biggs Blasts Biden Over ‘Full On Proxy War’ With Russia
GOP Rep Biggs Blasts Biden Over ‘Full On Proxy War’ With Russia Harold Hutchison on February 21, 2023 Republican Rep. Andy Biggs of Arizona blasted President Joe Biden Tuesday for getting the…
Peltz ends Disney proxy fight as Iger launches restructuring
(Reuters) – Activist investor Nelson Peltz called off his bid for a seat on the board of Walt Disney Co on Thursday after Chief Executive Bob Iger revealed a plan to restructure…
Republican state officials question proxy advisers ISS, Glass Lewis over ESG
By Aishwarya Nair and Ross Kerber (Reuters) -Republican attorneys general from 21 U.S. states on Tuesday wrote to proxy advisory firms Institutional Shareholder Services (ISS) and Glass Lewis, asking whether the companies’…
‘Proxy War’: Russia Announces Sweeping Changes To Military In Retaliation For US Aid To Ukraine
‘Proxy War’: Russia Announces Sweeping Changes To Military In Retaliation For US Aid To Ukraine Micaela Burrow on January 17, 2023 Russia announced sweeping changes to its military Tuesday, triggered by what…
WhatsApp announces new proxy support feature to bypass internet shutdowns
(Reuters) – Meta Platforms Inc’s WhatsApp said on Thursday users of the messaging app will now be able to use proxy servers to access the service in countries where the app is…
Exclusive-Blackwells launches proxy fights, wants board seats at GNL, Necessity Retail
By Svea Herbst-Bayliss NEW YORK (Reuters) – Blackwells Capital has launched two separate proxy fights for board seats at Global Net Lease Inc and Necessity Retail REIT Inc and wants the real…
DOWNING: McConnell’s Proxy War With Trump In Alaska Is Stuck On Stupid
DOWNING: McConnell’s Proxy War With Trump In Alaska Is Stuck On Stupid Suzanne Downing on October 12, 2022 Senate Minority Leader Mitch McConnell and former President Donald J. Trump have their…
Trump SPAC fails to pay proxy firm despite tough hunt for votes – FT
(Reuters) -Executives behind a blank-cheque company Digital World Acquisition Corp that plans to take Donald Trump’s media business public have failed to pay their proxy solicitors, The Financial Times reported on Saturday.…
Proxy firm ISS recommends Zendesk shareholders back $10.2 billion go-private deal
(Reuters) – Software company Zendesk Inc’s shareholders should vote for a planned acquisition by a group of private equity firms, a prominent proxy advisory firm recommended on Tuesday. Institutional Shareholder Services (ISS)…
Trump Takes Lead In Endorsement Proxy War With Pence
Trump Takes Lead In Endorsement Proxy War With Pence Carl DeMarco on August 10, 2022 Former President Donald Trump has taken the lead in his endorsement proxy war with former Vice President…
DCNF Reporter Details Dem Rep.’s Proxy Voting-Enabled High Life
DCNF Reporter Details Dem Rep.’s Proxy Voting-Enabled High Life Harold Hutchison on July 6, 2022 A Daily Caller News Foundation reporter detailed how Democratic Rep. Bobby Rush of Illinois spent thousands of…
Democratic Rep Cast Most Of His Votes By ‘Proxy’ While Spending Tens Of Thousands On Travel And Events
Democratic Rep Cast Most Of His Votes By ‘Proxy’ While Spending Tens Of Thousands On Travel And Events Gabe Kaminsky on June 30, 2022 Democratic Illinois Rep. Bobby Rush has mostly voted…
Aerojet investors end proxy fight with chairman by electing CEO’s slate
By Svea Herbst-Bayliss BOSTON – Aerojet Rocketdyne shareholders on Thursday elected the eight-person board slate headed by Chief Executive Officer Eileen Drake, the company said in a statement, ending one of the…
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