Recent Shareholder Activist News
Active and Passive Activist Investors | ||
Activist investors seem to fall into two categories. Some take positions with the express purpose of agitating for change. They analyze companies, identify... | ||
Lions Gate Fights Carl Icahn’s Efforts to Increase Stake | ||
Jon Feltheimer, Chairman and Chief Executive of Lions Gate Entertainment Corp (NYSE: LGF), has encouraged shareholders to deny Carl Icahn’s attempt... | ||
Centaurus Capital and Ares Capital face-off over Allied Capital Corp | ||
On February 8th, Centaurus Capital sent a letter to Allied Capital Corp (NYSE: ALD) claiming that Ares Capital Corporation’s (NASDAQ: ARCC) recent offer... | ||
Pirate Capital founder Tom Hudson launches Doubloon Capital LLC | ||
Tom Hudson – well-known shareholder activist investor and founder of Pirate Capital - is gathering money to start new a new firm called Doubloon Capital... | ||
Why do investors refuse to act? | ||
Investor behavior sometimes puzzles me. They can own an absolute dog of a name, one that always underperforms. Yet, they do nothing about it. Why? | ||
Activist Update: Clinton Group & Spotlight Capital speaking with Red Robin Gourmet | ||
Earlier this month, Clinton Group and Spotlight Capital met with the lead independent director of Red Robin Gourmet Burgers, Inc. (NASDAQ: RRGB). The... | ||
Scott Galloway, Harbinger Capital’s representative, to step down from New York Times Board | ||
Scott Galloway of shareholder activist investment firm Firebrand Partners has decided not to seek reelection for his seat on the board of the New York... | ||
Carl Icahn eyes Biotech leader Genzyme Corp | ||
Pressure on Henri A. Termeer, chief executive of American biotechnology giant Genzyme Corporation (NASDAQ: GENZ), has been steadily mounting as the company’s... | ||
What is an activist investor? | ||
This is probably a good question with which to begin. According to Webster's, an activist is a person that has: "a doctrine or practice that emphasizes... | ||
Carl Icahn happy with Board Representation at Amylin Pharma | ||
Shareholder activist investor Carl Icahn stated on January 25th that he will not seek additional representation on Amylin Pharmaceuticals, Inc.’s (NASDAQ:... | ||
Thirty Institutional Investors Demand “Say on Pay” | ||
Joining a longer list of signees, the California Public Employees’ Retirement System (CalPERS) recently added its support to a letter urging a number... | ||
Carl Icahn steps down from Blockbuster's board | ||
On Friday of last week, shareholder activist investor Carl Icahn announced that he was stepping down from Blockbuster’s board of directors. According... | ||
Palo Alto Investors backs governance and management changes at Gastar Exploration | ||
After Palo Alto Investors LLC announced their plans to discuss possible changes in Gastar Exploration’s governance and management in a Schedule 13-D... | ||
Take-Two Interactive Software adds Carl Icahn’s Three Nominees to Board Slate | ||
Take-Two Interactive Software (NASDAQ: TTWO) announced on the 21st of January that it would add Carl Icahn’s three board nominees to its slate of nominees... | ||
Shareholder Activist Battle: Ramius Capital moves to block MAK Capital and Paloma International | ||
Shareholder activist hedge fund manager Ramius Capital Group, which is led by its founder Peter Cohen, has uncharacteristically opposed another shareholder... | ||
Elliott Management, Perry Capital, Glenhill Capital, and Glenview Capital sue Porsche for $1 billion | ||
Hedge fund managers Elliott Management, Perry Capital, Glenhill Capital Management, and Glenview Capital Management have sued luxury car company Porsche... | ||
Michael R. Levin launches The Activist Investor | ||
Michael R. Levin launched The Activist Investor (TAI), a shareholder activist advisory firm, earlier this month. The new firm specializes in “advising... | ||
Shareholder Activist Update: TIAA-CREF abandons Investments with Ties to Darfur | ||
In March of last year, financial services organization TIAA-CREF announced its intention to increase pressure on five companies that still maintained... | ||
Warren Buffet’s Berkshire Hathaway votes against Kraft’s Cadbury Acquisition | ||
Warren Buffet’s Berkshire Hathaway voted “No” last week on Kraft’s (NYSE: KFT) proposition to issue up to 370 million shares to facilitate the... | ||
Pershing Square’s Bill Ackman predicts positive future for General Growth Properties | ||
In a presentation he gave in late December, William Ackman of Pershing Square Capital Management revealed that in his estimation, shares of the bankrupt... | ||
Clinton Group and Spotlight Capital target Red Robin, form Shareholder Activist investment group | ||
Clinton Group and Spotlight Capital Management announced December 21st they were forming an investment group for the purpose of increasing communication... | ||
Templeton Asset Management outlines lack of confidence in Taro Pharmaceuticals | ||
In a recent shareholder activist letter, Templeton Asset Management announced its decision to vote its shares against a proposal to raise indemnification... | ||
Chelsea Clinton engaged to 3G Capital Management’s Marc Mezvinsky | ||
Chelsea Clinton, daughter of former President Bill Clinton and current Secretary of State Hillary Rodham Clinton, has announced her engagement to longtime... | ||
Adaptec CEO replaced by Steel Partners MD John Quicke | ||
Data solutions provider Adaptec, Inc. (NASDAQ: ADPT) has announced the appointment of John J. Quicke as Interim President and CEO of the company following... | ||
Carl Icahn Builds 11.3% Stake in Take Two Interactive | ||
According to SEC filings, Carl Icahn has amassed an 11.3 percent stake in video game publisher Take Two Interactive Software Inc. Icahn hinted that he... | ||
