1. Articles from reuters.com

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    1. NXP Shareholder Ramius to Reject Qualcomm's Buyout Offer

      NXP Shareholder Ramius to Reject Qualcomm's Buyout Offer

      (Reuters) - NXP Semiconductors NV ( NXPI.O ) shareholder Ramius Advisors LLC said on Tuesday it would reject chipmaker Qualcomm Inc’s ( QCOM.O ) $38 billion bid for the company, joining activist investor Elliott Management Corp. Ramius, which is an affiliate of Cowen Inc ( COWN.O ), said it had informed NXP that Qualcomm’s offer “dramatically” undervalued the company. The New York-based institutional asset manager owned about 2.5 million shares, or less than a one percent stake ...

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    2. GKN Faces Pressure from Activist Fund Elliott to Engage With Melrose

      GKN Faces Pressure from Activist Fund Elliott to Engage With Melrose

      LONDON (Reuters) - GKN ( GKN.L ) faces pressure to open takeover talks with suitor Melrose Industries ( MRON.L ) from U.S. activist investor Elliott, which disclosed a stake in the British engineering company just days after it rejected a 7 billion pound ($9.66 billion) bid. Elliott, a hedge fund with a track record of intervening in takeovers, said on Monday that it holds a 1.7 percent interest in GKN through contracts-for-difference (CfDs)...

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      Mentions: CEO Hedge Fund UK
    3. Citi to Raise Pay for Women and Minorities in U.S., UK, Germany

      Citi to Raise Pay for Women and Minorities in U.S., UK, Germany

      (Reuters) - Citigroup Inc ( C.N ) will increase compensation for women and minorities to bridge pay gaps in the United States, the United Kingdom and Germany, as part of its annual pay process this year, the Wall Street bank said on Monday. Citi said it had conducted a survey in the three countries, where it found that women and minorities are paid slightly less than men and non-minorities, respectively...

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      Mentions: Citigroup UK Citi
    4. SandRidge Energy Terminates Bonanza Creek Deal

      SandRidge Energy Terminates Bonanza Creek Deal

      (Reuters) - Oil and gas producer SandRidge Energy ( SD.N ) on Thursday backed out from its plan to buy smaller rival Bonanza Creek Energy ( BCEI.N ), giving in to pressure from activist investor Carl Icahn and other shareholders. Oklahoma-based SandRidge, which emerged from bankruptcy last year, had said in November that it would pay $746 million for Bonanza Creek to expand its presence in the Denver-Julesburg Basin of Colorado...

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    5. Activist Investor Files Chevron Proxy Resolution on Myanmar Rights Concerns

      Activist Investor Files Chevron Proxy Resolution on Myanmar Rights Concerns

      HOUSTON (Reuters) - An activist investor in Chevron Corp said on Monday it filed a shareholder resolution that would require the oil producer to report on the feasibility of ending operations in Myanmar, where a crackdown on minority Rohingya Muslims has been decried by the United States as “ethnic cleansing.” The resolution, filed last week by Islamic finance firm Azzad Asset Management, pushes Chevron’s board of directors to consider how it could avoid risks “posed ...

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    6. Elliott Takes 6.5 Percent Stake in Akamai

      Elliott Takes 6.5 Percent Stake in Akamai

      December 15, 2017 / 9:39 PM / in 5 minutes Elliott takes stake in Akamai, to seek sale of company or assets Reuters Staff 2 Min Read (Reuters) - Activist investor Elliott Management Corp on Friday disclosed a 6.5 percent stake in Akamai Technologies Inc ( AKAM.O ), and said it plans to hold talks regarding strategic alternatives for the company including a sale. Shares of Akamai, which speeds up content delivery over the internet (OTT), were up 13.8 percent at $65.75 in after-market trading...

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    7. Deckers to Appoint New Independent Directors Amid Proxy Fight

      Deckers to Appoint New Independent Directors Amid Proxy Fight

      UGG boots maker Deckers Outdoor Corp ( DECK.N ), under pressure from activist investor Marcato Capital Management to overhaul its board, said on Monday said it would appoint at least two new independent directors by September next year. The company said the new appointments will coincide with an equal number of retirements from the existing nine-member board...

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    8. Exclusive: Former Yahoo CEO, Equifax CEO to Testify at U.S. Senate Hearing

      Exclusive: Former Yahoo CEO, Equifax CEO to Testify at U.S. Senate Hearing

      November 1, 2017 / 9:01 PM / in 2 minutes Former Yahoo CEO, Equifax CEO to testify at Senate hearing David Shepardson 3 Min Read WASHINGTON (Reuters) - Former Yahoo Chief Executive Marissa Mayer and the current and former CEOs of Equifax Inc ( EFX.N ) will testify before a U.S. Senate panel on Nov. 8 on two massive data breaches, the committee said Wednesday...

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      Mentions: CEO Alphabet Google
    9. Hedge Fund Marcato Sues Deckers in Delaware Over Meeting Date

      Hedge Fund Marcato Sues Deckers in Delaware Over Meeting Date

      Marcato Capital Management on Monday sued Deckers Outdoor Corp to force the maker of UGG boots to hold its annual meeting and approve the hedge fund’s directors in order to avoid financial penalties of more than $100 million. With the lawsuit filed in Delaware Chancery Court, the hedge fund’s highly unusual step heightens already rising tensions between the two sides...

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    1-24 of 174 1 2 3 4 5 6 7 8 »
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