1. 1-14 of 14
    1. Activist Investor Barington Nominates Two Directors at Xerium

      Activist Investor Barington Nominates Two Directors at Xerium

      BOSTON, April 12 (Reuters) - Activist investor Barington Capital Group LP has launched a fight for two board seats at machine industry company Xerium Technologies Inc., according to a regulatory filing made on Thursday. The New York-based hedge fund, which owns 5.05 percent of Xerium, nominated two directors to sit on the company’s eight member board...

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    2. Starboard Adds Two More Nominees to Newell Board Slate

      Starboard Adds Two More Nominees to Newell Board Slate

      (Reuters) - Hedge fund Starboard Value LP said on Monday it nominated two additional directors to the board of Newell Brands Inc ( NWL.N ), taking its total nominees to 12 as the activist investor seeks to replace the board and the chief executive. The nominations come two weeks after Newell named two new independent directors, expanding the board size to 11, in an attempt to rebuff Starboard’s efforts...

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    3. SandRidge to Meet with Investor Icahn to Quell Rising Tensions

      SandRidge to Meet with Investor Icahn to Quell Rising Tensions

      HOUSTON, Jan 17 (Reuters) - SandRidge Energy Inc is expected to meet with activist investor Carl Icahn on Wednesday over his demands for a board shake-up and other governance changes, part of a bid by the U.S. shale oil producer to quell tensions with its largest shareholder and most outspoken critic. Icahn said in December he was considering a proxy contest to remove some or all of SandRidge’s directors...

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    4. Marathon Petroleum Gains Elliott's Support to Keep Speedway

      Marathon Petroleum Gains Elliott's Support to Keep Speedway

      (Reuters) - U.S. refiner Marathon Petroleum Corp said on Tuesday it would keep its Speedway retail arm, a decision backed by activist investor Elliott Management, which had previously pushed the company to separate the business. Last November, Elliott, the $33 billion hedge fund, unveiled a 4 percent stake in Marathon and made several demands including urging a spin-off of Speedway, which runs gas stations and convenience stores across the United States.. Marathon’s decision to keep the business represents a unique case where a company has opted against an Elliott demand, yet still managed to earn the hedge fund’s ...

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    5. Exclusive: Activist Wants Potbelly to Alter Plan or Explore Sale

      Exclusive: Activist Wants Potbelly to Alter Plan or Explore Sale

      Potbelly Corp ( PBPB.O ) is under pressure from an activist shareholder that wants the sandwich chain to change its strategy or explore the sale of the company, according to a letter obtained by Reuters. Ancora Advisors LLC, which said it owns 4 percent of Potbelly shares, outlined steps it wants the company to take to boost its share price, including franchising more of its restaurants. It said it should explore a sale if it does not go through with these proposed changes...

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    1-14 of 14
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