NEW YORK AT&T and Elliott Management are talking about issues the activist hedge fund raised last month when it pushed for change at the U.S. telecommunications and media conglomerate, two people familiar with the matter said on Thursday.
Hedge fund D.E. Shaw on Tuesday increased the pressure on Emerson Electric Co by publicly urging a breakup of the U.S. industrial conglomerate, a move it says could unlock more than $20 billion worth of shareholder value.
NEW YORK, Oct 15 Some of the world's biggest
pension funds and a prominent hedge fund are urging the U.S.
Securities and Exchange Commission (SEC) to reconsider recent
guidance they say will raise costs, hurt investors and cut
participation in corporate voting.
BOSTON Some of the biggest public pensions funds in the United States have invested in one of the world's largest purveyors of video surveillance systems that the U.S. government claims are used in wide-scale repression of the Muslim population of western China.
Oct 8 Amag Pharmaceuticals Inc, whose
shares have tumbled more than 45% in the past year, on Tuesday
agreed to add two directors proposed by Caligan Partners after
the hedge fund pressured the drugmaker to conduct a strategic
NEW YORK Okapi Partners, a proxy solicitor that has long worked for activist hedge funds Elliott Management and Starboard Value, is hiring a senior executive from an advisory firm to help expand its business with corporate clients, three people familiar with the matter said this week.
Glass Lewis & Co is planning to grow its business abroad in the face of newly introduced curbs by the U.S. Securities and Exchange Commission (SEC), the proxy advisory firm's new executive chairman Kevin Cameron told Reuters in an interview.
BOSTON, Oct 2 FTI Consulting Inc hired a
corporate governance analyst from proxy advisor Institutional
Shareholder Services (ISS) for its unit that advises clients on
hot button issues from climate change to executive pay, the
company said on Wednesday.
NEW YORK Private equity billionaire Joshua Harris thinks there are still plenty of undervalued companies to improve and profit from, especially away from the public markets.
NEW YORK Eighteen months after officially burying the hatchet in one of America's most bitter proxy contests, Procter & Gamble Co CEO David Taylor and billionaire investor Nelson Peltz proclaimed their mutual respect on Thursday, underscoring how activists and corporations can end up working collaboratively.