Recent Merger & Acquisition News
Do-It-Yourself Shareholder Activism - A Risky Venture | ||
Recent years have seen a significant rise in shareholder activism in the United States. Activist investors have increasingly been successful in pressing... | ||
D.E. Shaw in discussions to acquire stake in Chinese state-controlled investment company | ||
D.E. Shaw & Co, a New York-based hedge fund manager and investment advisor, is said to be in talks to acquire a 15 to 20 percent stake in Tianjin TEDA... | ||
Affiliate of Credit Suisse Acquires Minority Stake in Lucidus Capital Partners | ||
Asset Management Finance (AMF), a unit of Credit Suisse Group AG, acquired a stake in Lucidus Capital Partners, a fixed income-focused hedge fund manager... | ||
Millbrook Capital Management Demands that EMS Technologies Speed Up its Sale | ||
Millbrook Capital Management (MMI), an activist investor based in New York, sent a letter to the management of EMS Technologies demanding they speed up... | ||
Visium Asset Management completes acquisition of Catalyst Investment Management | ||
Visium Asset Management, a hedge fund founded in 2005 by Chief Investment Officer Jacob Gottlieb, has acquired Catalyst Investment Management, according... | ||
Man Group plc purchases remaining 50% of Ore Hill Capital to take full control | ||
Man Group, already the world’s second largest hedge fund manager in terms of assets under management, has agreed to acquire the remaining 50% of Ore... | ||
Shareholder Activist Update: Best practices for working with proxy advisors | ||
Proxy advisors consult to investors about how to vote on the range of matters that require shareholder approval at the public corporations in an investor... | ||
Man Group plc sells stake in BlueCrest Capital Management | ||
Man Group plc agreed to sell its 25% stake in BlueCrest Capital Management back to the company for $633 million last week. The investment dates back to... | ||
Nelson Peltz’s Trian Fund takes another shot at Family Dollar Stores | ||
Trian Fund Management LP has its acquisition sights trained on Family Dollar Stores Inc (NYSE: FDO). | ||
FrontPoint Partners assets fall to $5 billion | ||
FrontPoint Partners LLC, a multi-strategy hedge fund management firm, started 2011 with approximately $5 billion in assets under management – about... | ||
Centaurus Capital aims its sights on Demag | ||
Last October, Konecranes (KCR1V), the largest industrial crane maker, displayed interest in merging with Demag Cranes (D9C), the industry’s second-largest... | ||
Bill Ackman’s Pershing Square Capital hurt by bankruptcy of Borders Group | ||
Bill Ackman’s Pershing Square Capital, which currently owns a 31.3% stake in Borders Group (NYSE: BGP) and had promised Borders to help finance a buyout... | ||
Dynegy Stakeholder Seneca Capital Rejects Carl Icahn’s Buyout Offer | ||
Following the shareholder rejection of Blackstone Group’s offer for Dynegy Inc, Seneca Capital has recently opposed Carl Icahn’s Icahn Enterprises... | ||
Highbridge Capital Management buys majority stake in Brazilian manager Gávea Investimentos | ||
Highbridge Capital Management recently announced its plans to purchase a majority stake in Brazilian alternative asset management company Gávea Investimentos.... | ||
Orix Corp has plans to double Mariner Investment Group’s AUM to $20 billion | ||
Japanese financial services firm Orix Corp. recently purchased a majority stake in Mariner Investment Group, the hedge fund manager led by William Michaelcheck... | ||
RBC deepens fixed income expertise with acquisition of BlueBay Asset Management | ||
BlueBay Asset Management plc (LSE: BBAY) and Royal Bank of Canada (NYSE: RY) recently mutually announced that RBC would be acquiring BlueBay. In accordance... | ||
Seneca Capital joins Carl Icahn in opposition of Blackstone’s Dynegy buyout | ||
Seneca Capital recently stated that it believes that Blackstone Group (NYSE: BX) is not offering a large enough price to buy Dynergy, agreeing with the... | ||
FrontPoint’s management team takes control, Morgan Stanley to retain a minority stake | ||
Four years after it purchased multi-strategy hedge fund manager FrontPoint Partners LLC, Morgan Stanley has announced that it will relinquish its majority... | ||
Activist Update: Ramius extends Cypress Bioscience offer, Carl Icahn follows Seneca with active ownership stake in Dynergy | ||
Last week activist shareholder Ramius Capital Group announced plans to extend its offer to purchase Cypress Bioscience, Inc. (NYSE: CYPB) for $4.25 a... | ||
Avenue Capital, KKR and Perella Weinberg Vying for Goldman Sachs Trading Unit | ||
Three firms, including hedge fund manager Avenue Capital Group, private equity firm KKR and investment bank Perella Weinberg, are courting the U.S.-based... | ||