1. Articles in category: BoardNews

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    1. Activist Investor Paul Singer May Ditch Bid for Athenahealth: Report

      Activist Investor Paul Singer May Ditch Bid for Athenahealth: Report

      A ctivist investor Paul Singer's Elliott Management is reportedly dropping its $160 per-share bid for Athenahealth, and other potential buyers are said to be reconsidering an offer. Singer might still make a smaller bid, potentially as low as $150 per share, the New York Post reported on Monday. As interest in the firm wanes, Athenahealth extended the final offer deadline to Sept. 27, according to the Post...

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    2. New Boardroom Role for Former Chairman of Banking Giant HSBC

      New Boardroom Role for Former Chairman of Banking Giant HSBC

      SIR Douglas Flint, the Glaswegian former chairman of banking giant HSBC, is taking up a new boardroom role. Intellectual property commercialisation company IP Group announced yesterday that Sir Douglas, a Bachelor of Accountancy graduate from the University of Glasgow , would become its chairman with effect from November 1. He became IP Group’s chairman-elect with effect from yesterday...

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      Mentions: HSBC UK retire
    3. DOJ Clears Cigna's Acquisition of Express Scripts

      DOJ Clears Cigna's Acquisition of Express Scripts

      The U.S. Department of Justice has cleared Cigna 's $52 billion acquisition of Express Scripts , the companies announced in a statement Monday. In combining Cigna, a health insurer, and Express Scripts, a pharmacy benefit manager, the firms say they can improve care for patients and lower health-care costs. Their rivals are growing and pursuing deals of their own as the industry faces increasing costs and growing political pressure and braces for Amazon's entry...

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    4. MoviePass' Parent Company Wants Approval for a Dramatic Reverse Stock Split of up to 1-for-500, just Months after its 1-for-250 one Failed to Stabilize the Stock

      MoviePass' Parent Company Wants Approval for a Dramatic Reverse Stock Split of up to 1-for-500, just Months after its 1-for-250 one Failed to Stabilize the Stock
      • MoviePass' parent company, Helios and Matheson Analytics, will propose a reverse stock split of up to 1-for-500 to its shareholders in a special meeting next month.
      • It's the latest attempt by the struggling movie-ticket subscription service to not have the HMNY stock be delisted by the Nasdaq in mid-December.

      Next month, MoviePass will try its most dramatic step yet to revive its failing stock...

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      Mentions: Nasdaq risk MoviePass
    5. Tyson Foods CEO Tom Hayes is Stepping Down for Personal Reasons

      Tyson Foods CEO Tom Hayes is Stepping Down for Personal Reasons
      • Tyson Foods CEO Tom Hayes is stepping down, with veteran leader Noel White succeeding his role, the company announced Monday.
      • The company reiterated his adjusted earnings-per-share guidance for fiscal year 2018.
      • The sudden CEO transition is a "surprise", but should not cause any short-term volatility, said Jefferies analyst Akshay Jagdale...
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      Mentions: Tyson Foods
    6. Symantec Makes Deal with Starboard for New Board Members

      Symantec Makes Deal with Starboard for New Board Members

      Symantec Corp. SYMC, -1.15% announced Monday afternoon that it had reached a deal with activist investor Starboard Value LP for new board members. Symantec appointed three new directors, including Starboard managing member Peter Feld, to the board, and said it would negotiate with Starboard for one more member to be named after its annual meeting. Starboard had challenged Symantec by nominating five directors for a vote at the security-software company's annual meeting...

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    7. Salesforce CEO Marc Benioff and His Wife are Buying Time Magazine for $190 Million

      Salesforce CEO Marc Benioff and His Wife are Buying Time Magazine for $190 Million
      • Salesforce CEO Marc Benioff and his wife Lynne Benioff will buy Time Magazine for $190 million.
      • The announcement comes just eight months after Meredith Corp., publisher of several popular print publications, completed its purchase of Time.
      • In a note relayed by Time editor-in-chief Edward Felsenthal, Benioff said he and his wife would have "no operational responsibility" for the weekly outlet, and acquired it as an investment...
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      Mentions: Investment CEO Amazon
    8. Third Point Urges Campbell Shareholders to Vote for its Nominees

      Third Point Urges Campbell Shareholders to Vote for its Nominees

      REUTERS: Activist investor Daniel Loeb's Third Point LLC on Friday urged Campbell Soup Co's shareholders to vote in favor of the hedge fund's nominees. Third Point, which has launched a proxy fight to replace the American food company's 12-member board, unveiled a slate of nominees last week. Advertisement Third Point owned a 5.65 percent stake in Campbell as of Sept. 6, according to Reuters data...

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    9. United Technologies Says Rockwell Deal, Breakup Decision on Track

      United Technologies Says Rockwell Deal, Breakup Decision on Track

      United Technologies Corp. Chief Executive Greg Hayes said that he expects to close the $23 billion acquisition of Rockwell Collins Inc. by the end of the month, and that in the meantime the industrial conglomerate is forging ahead with plans for a possible breakup. The deal was announced a year ago and Mr. Hayes said in May that he expected it to close in June or July, leading to speculation that regulators were raising questions...

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    10. Elon Musk.. Defends Tesla's Board of Directors Against Critics Who Say It Isn't Doing Enough to Hold Him Accountable to Shareholders

      Elon Musk.. Defends Tesla's Board of Directors Against Critics Who Say It Isn't Doing Enough to Hold Him Accountable to Shareholders
      • Tesla CEO Elon Musk defended the company's board of directors on Friday via Twitter.
      • "The Tesla board has done incredible work overseeing the largest value creation in the auto industry in 100+ years, despite many setbacks. Tesla owes its very existence to this board!" Musk said via Twitter  in response to a Forbes article that questioned the board's performance...
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      Mentions: CEO Twitter Tesla
    11. Goldman Sachs Announces Major Leadership Shakeup As Incoming CEO David Solomon Makes his Mark

      Goldman Sachs Announces Major Leadership Shakeup As Incoming CEO David Solomon Makes his Mark
      • Goldman Sachs named John Waldron as president and chief operating officer, effective Oct. 1, according to an internal memo sent to staff Thursday.
      • Stephen Scherr will become chief financial officer, replacing Marty Chavez, who will move to become one of three co-heads of the firm's securities division, according to another memo...
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    12. Activist Investor Trying to block Aryzta’s €800m Share Sale

      Activist Investor Trying to block Aryzta’s €800m Share Sale

      Activist investor trying to block Aryzta’s €800m share sale Larius Capital seeking to amass up to 10% of Cuisine De France owner 28 minutes ago Aryzta makes burger buns for clients including McDonald’s. Photograph: Bobby Yip/Reuters A Swiss activist investor is mounting a campaign to block Aryzta’s €800 million share sale, arguing the troubled McDonald’s bun maker should instead sell assets and slash management layers, according to two people familiar with the matter...

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    13. '60 Minutes' Chief Jeff Fager Steps Down Amid Sexual Misconduct Allegations

      '60 Minutes' Chief Jeff Fager Steps Down Amid Sexual Misconduct Allegations
      • Jeff Fager, the executive producer of CBS News' "60 Minutes," is leaving the program amid an investigation into sexual misconduct allegations against him.
      • 19 current and former CBS employees told Ronan Farrow in a New Yorker article published in August that Fager turned a deaf ear to instances of sexual misconduct at CBS News.
      • A September report by The New Yorker detailed an allegation by one woman who accused Fager of groping her at a company event...
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    14. Only 35% Boards and Directors Highly Involved in Risk Management says Deloitte Survey

      Only 35% Boards and Directors Highly Involved in Risk Management says Deloitte Survey

      Only 35% boards and directors highly involved in risk management says Deloitte Survey Only 35% boards and directors highly involved in risk management says Deloitte Survey Source : Last Updated: Wed, Sep 12, 2018 13:42 hrs Stepping out of the comfort of your home and walking in the rains could be a risk. You could take a stroll, get drenched in the rains and absorb the beautiful experience or catch a flu- get bed-ridden, causing unease and probably needing some medical attention...

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    25-48 of 8505 « 1 2 3 4 5 ... 353 354 355 »
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