Recent Shareholder Activist News
Activist Report: Microsoft should raise its Dividend | ||
As a long holder of Microsoft (MSFT), I submitted last week a resolution for Microsoft to significantly increase its quarterly dividend. It's my hope... | ||
Shareholder Activist Update: Nelson Peltz’s Trian snatches up Family Dollar Stores shares | ||
Since June, Trian Fund Management has been aggressively acquiring shares in Family Dollar Stores, Inc. (NYSE: FDO). At the end of last month, Nelson Peltz’s... | ||
Nelson Peltz’s Trian Group to launch new hedge fund, Aims for $1.5 billion | ||
Nelson Peltz, co-founder and CEO of hedge fund manager the Trian Group (Trian Fund Management), has begun raising capital for a new hedge fund that will... | ||
Ramius Capital launches mutual fund, Makes Shareholder Activist waves | ||
Ramius Capital Group has announced the launch of the Ramius Dynamic Replication Fund, its first mutual fund, which will focus on hedge fund replication.... | ||
What does recent academic research say about activist investing? | ||
Generally it works, and sometimes it works really, really well. Investors often wonder whether activist investing truly delivers “alpha” – returns... | ||
Shareholder Activist Update: Carl Icahn reaches agreements with Hain Celestial & Lions Gate Entertainment | ||
Last week activist investor Carl Icahn entered into agreements with two companies, Hain Celestial Group (HAIN) and Lions Gate Entertainment Corp. (LGF).... | ||
John Ho’s Janchor Pan Asian hedge fund raises $100 Million | ||
Janchor Partners Ltd has launched its flagship long/short equity hedge fund with more than $100 million in assets under management. The firm was founded... | ||
Shareholder Activist Update: Spotlight Advisors and Clinton Group | ||
Activist investors Spotlight Advisors and Clinton Group recently spoke with two directors of Red Robin Gourmet Burgers (NYSE: RRGB) to emphasize several... | ||
Corporate Governance Update: The Chairman and the CEO, a Story | ||
If you studied your proxy materials carefully this year, you noticed several new disclosures, including one explaining why a company combines the CEO... | ||
Shareholder Activist Update: JANA Partners and Neuberger Berman against Charles River acquisition | ||
Last week, activist investor JANA Partners sent a letter to Charles River Laboratories International (NYSE: CRL) highlighting the 35% of shareholders... | ||
Relational Investors and Ares Management to reduce Fees for CalPERS | ||
Ralph Whitworth’s activist focused Relational Investors LLC will join Ares Management LLC in reducing management fees to the California Public Employees... | ||
Shareholder Activism: Collegiality is Overrated | ||
Oh the endless words that extol the virtues of a Board of Directors that gets along well. But, at what cost, to the business and its investors? | ||
Directors Can (and Should) Talk to Investors, About All Sorts of Stuff | ||
As activist investors begin to win director elections, talk turns to the rights and obligations of these directors to share board-level information. To... | ||
Hedge Funds Are Now Targeting For-Profit Education | ||
Hedge funds have been circling for new carrion to devour in the next economic slowdown and have found a big fat target in the for-profit educational sector.... | ||
Arcadia Capital urges Symyx’s Board to reject Accelrys merger | ||
Richard S. Rofe, the managing director of Arcadia Capital Advisors, spoke out against the proposed stock-for-stock merger transaction between Symyx Technologies... | ||
Greenlight Capital's David Einhorn shorting ratings agencies | ||
The founder of hedge fund manager Greenlight Capital, David Einhorn, said earlier this week at the annual Ira Sohn Investment Research Conference that... | ||
Emerging Markets Specialist Mark Mobius speaks out about shareholder activist responsibilities | ||
Dr. Mark Mobius recently addressed what he terms the “right and responsibility” of shareholder activism . Dr. Mobius, who is executive chairman and... | ||
Activist Bennett S. LeBow named Chairman of Borders; Gains Approval of Bill Ackman | ||
Borders Group (NYSE: BGP) has received $25 million, representing a private purchase of 11.1 million shares of common stock at a price of $2.25 per share.... | ||
Lions Gate Faces another Loss in War with Icahn | ||
Lions Gate Entertainment faces another setback in its battle with Carl Icahn as its attempt to reinstate a poison pill to thwart Icahn’s takeover attempt... | ||
Carl Icahn Plans to Replace Genzyme’s CEO and Three Directors | ||
Carl Icahn issued a proxy statement announcing that he is planning to replace biotech company Genzyme Corporation’s CEO Henri Termeer and three other... | ||
What’s a “broker non-vote”, anyway? | ||
We’ve heard a bunch about this subject, especially in this season of annual meetings. What’s the big deal? Here’s the deal: the SEC, through its... | ||
Former ISS Director Chris Young to head Credit Suisse’s Takeover Defense Practice | ||
Credit Suisse has recently announced that on June 1, current Director of M&A and Proxy Fight at Institutional Shareholder Services (ISS) Chris Young will... | ||
Bitstream on Shareholder Activist Stage, attracts Raging Capital and Columbia Pacific Advisors | ||
Columbia Pacific Advisors changed the filing status of its Columbia Pacific Opportunity Fund’s position in Bitstream Inc (NASDAQ: BITS) from “passive”... | ||
Ramius Capital increases activist ownership stake in SeaChange to 7.2% | ||
On April 15th, Peter Cohen’s Ramius Capital Group revealed that it had purchased 400,000 more shares of software and hardware company SeaChange International... | ||
Activist Hedge Funds are increasingly pushing former CEOs onto Boards | ||
2009 saw a noticeable increase in the number of experienced executives appointed to company boards by activist shareholders. According to the Wall Street... | ||