By Savyata Mishra and Abigail Summerville (Reuters) -Macy’s is facing a board challenge from Arkhouse Management after the investment firm nominated nine director candidates just weeks after the retailer rejected…
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…
(Reuters) -Activist hedge funds ValueAct Capital and Blackwells Capital moved on Wednesday to provide backing to Walt Disney as the 100-year-old media company defends itself against a board challenge from…
SYDNEY (Reuters) – Australia’s Allkem investors have approved Livent Corp $10.6 bln merger on proxy votes at a shareholder meeting in Perth on Tuesday. (Reporting by Scott Murdoch in Sydney;…
(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…
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…
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…
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.…
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…
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…
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…
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…
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…
(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,…
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…
(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…
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…
(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…
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…
‘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…
(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…
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…
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…
(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…
(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…