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    1. Herbalife Soars in After-Hours on FBI Probe into People Affiliated With Bill Ackman

      Herbalife Soars in After-Hours on FBI Probe into People Affiliated With Bill Ackman

      NEW YORK (TheStreet) – Shares of Herbalife soared 9% in after-hours trading on the news that people affiliated with the company's chief antagonist and activist investor Bill Ackman are being questioned as part of a federal criminal probe into potential market manipulation of Herbalife's stock. According to a report in the Wall Street Journal, the Federal Bureau of Investigation and prosecutors ...

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    2. McDonald's (MCD) Stock Dropping Today After Ackman Said Investment Is 'Unlikely'

      McDonald's (MCD) Stock Dropping Today After Ackman Said Investment Is 'Unlikely'

      NEW YORK (TheStreet) -- Shares of McDonald's are dropping, down 1.24% to $91.68 in afternoon trading on Wednesday, after activist investor Bill Ackman told Bloomberg that it's "unlikely" he will invest in the fast food company. On December 17, shares of McDonald's rallied after Ackman did not deny a rumor that he had taken a stake in the company. At that time, Ackman added that the shares would ...

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      Mentions: Investment
    3. Mylan Ex-CEO and Glass Lewis Debate Proxy Adviser Power

      Mylan Ex-CEO and Glass Lewis Debate Proxy Adviser Power

      A top proxy adviser and the ex-CEO of a Fortune 500 pharmaceutical company once targeted by an billionaire activist on Wednesday clashed over the role two advisory firms play in boardroom battles pitting insurgent-backed dissident directors against incumbent executives. "We should all be playing by the same rules," Robert Coury, Mylan Inc.'s executive chairman, told the U.S. Chamber of Commerce ...

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    4. Activist Investor Worldview Targets Petroceltic CEO After Failed Bid

      Activist Investor Worldview Targets Petroceltic CEO After Failed Bid

      Activist investor Worldview Capital Management LLP said Thursday, Jan. 8, it will seek to oust the CEO of London-listed Petroceltic International plc citing, amongst its reasons, the aborted £606 million ($913 million) bid by Dragon Oil plc. Worldview, which owns 28% of Dublin-based Petroceltic, called for a shareholder vote to remove Brian O'Cathain, claiming he bore responsibility for "a ...

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      Mentions: Management CEO
    5. Activist Investors Are Putting the Heat on Forestar Group

      Activist Investors Are Putting the Heat on Forestar Group

      The activist investors putting the heat on real estate and natural resources company Forestar Group Inc. said Tuesday they believe they are at an impasse with the company over possible changes and are considering all options to them as shareholders. The investors, SpringOwl Asset Management LLC and Cove Street Capital LLC, which own 7% of Forestar's stock, said in a telephone interview that they ...

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    6. Activist-Pressured InterContinental Books Deal for Kimpton Hotels

      Activist-Pressured InterContinental Books Deal for Kimpton Hotels

      The U.K.'s InterContinental Hotels Group plc on Tuesday broke with its habit of selling real asset and returning cash to shareholders to strike a $430 million deal to buy privately held Kimpton Hotels & Restaurants and create the world's largest boutique hotels business. San Francisco-based Kimpton, like InterContinental, is an "asset-light" company, meaning it doesn't own much of its real ...

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      Mentions: CEO Shareholders
    7. Activist Investors Torn on Private Equity Partnerships

      Activist Investors Torn on Private Equity Partnerships

      Despite a proliferation in activist investing, one thing that's unlikely to repeat in 2015 is a version of Valeant Pharmaceuticals International Inc.'s $60 billion-plus hostile takeover attempt for Allergan Inc. , said Gregg Feinstein, head of M&A at Houlihan Lokey. Feinstein spoke as part of a panel discussing the investment strategy during The Deal Economy Event at the Nasdaq Exchange on ...

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    8. Why the Allergan Situation Could be Unique in Dealmaking This Year

      Why the Allergan Situation Could be Unique in Dealmaking This Year

      NEW YORK (TheStreet) -- Despite the appearance this year of a team-up between an activist investor and a strategic acquirer in dealmaking, don't expect a repeat. The combination of Pershing Square Capital Management with Valeant Pharmaceuticals to pursue Allergan "may have been a one-time opportunity," said Paul Parker, co-chair of global mergers and acquisitions at Goldman Sachs , at The Deal ...

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    9. Jana Partners Unveils Potential Board Slate for PetSmart

      Jana Partners Unveils Potential Board Slate for PetSmart

      Activist investor Jana Partners LLC is looking to turn up the heat on pet products retailer PetSmart Inc. , as private equity firms KKR & Co. LP and Clayton, Dubilier & Rice LLC are apparently preparing a joint offer. Jana, a hedge fund holding a 9.8% stake in the Phoenix, Ariz.-based retailer, is pressing PetSmart to sell the business. The activist has lined up nominees for PetSmart's board in ...

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    10. Cramer: Zoetis Defends Against Takeover; GoPro Is Going Higher

      Cramer: Zoetis Defends Against Takeover; GoPro Is Going Higher

      NEW YORK (TheStreet) -- Shares of Zoetis are slightly lower on Tuesday, despite announcing a $500 million share repurchase program. "This company has been the leader in science for animal health," said TheStreet's Jim Cramer, co-manager of the Action Alerts PLUS portfolio. The company, a spinoff from Pfizer with a $22 billion market cap, may have announced the buyback in order to prevent a ...

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      Mentions: Dividend
    11. Investor Turns Activist After it Learns RealPage Rejected a Buyout

      Investor Turns Activist After it Learns RealPage Rejected a Buyout

      RealPage Inc. got an activist wake-up call Monday after 9.9% stakeholder JHL Capital Group went from a passive investor to an activist after a Friday report that the company rejected a nearly $2 billion bid. The value investment firm run by James Litinsky said in a regulatory filing Monday that he may talk to the rental housing software company's management and its shareholders about potential ...

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    12. The Untouchables: Where Even Activist Investors Fear to Tread

      The Untouchables: Where Even Activist Investors Fear to Tread

      At a time when even the mighty Apple Inc. isn't safe from activist investors, a few companies remain seemingly impervious to attacks by dissident shareholders. Why? Well, the best offense is a return to shareholders that beats stock indices and the company's peers, along with management belief that being engaged with stakeholders is a good thing. Still, even a relatively well-run company can be ...

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    13. Dollar General Once Again Extends Family Dollar Tender Offer

      Dollar General Once Again Extends Family Dollar Tender Offer

      Dollar General Corp. on Friday extended its tender for Family Dollar Stores Inc. until year's end and said it intends to file a proxy statement ahead of its target's special meeting to vote on a rival agreement to be acquired by Dollar Tree Inc. . Goodlettsville, Tenn.-based Dollar General said that as of Thursday about 4.1 million of Family Dollar's 114 million shares had been tendered and not ...

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      Mentions: Management
    313-336 of 361 « 1 2 ... 11 12 13 14 15 »
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