Entries tagged "activist hedge funds"
Although activist investor William Ackman has moved on, monoline insurer MBIA is facing another activist, Martin Whitman, who is using a courtroom rather than a boardroom to wage his battle.
The creator of the poison pill offered some vitriol toward activist hedge fund managers for what he believes is a short-term and potentially short-sighted investment style.
Hedge fund manager Andrew Shapiro of Lawndale Capital Management LLC has escalated his activism campaign at electronic manufacturing services company Sparton Corp.--again. ...
CBS Corp. on Thursday unveiled plans to acquire Cnet Networks Inc. for $1.8 billion, an online media company that has for months been under fire from activist investors. ...
Under pressure from activist investors K Capital Management LLC of Boston, Sun-Times Media Group Inc. announced last month it was considering a sale of assets. K Capital, the company's largest shareholder, with a 9.7% stake, has been one of the most vocal advocates for a sale. Last month, the hedge fund demanded a "radical restructuring" of the board and repeated its demands for a sale. A sale may soon be forthcoming, but don't expect this to be the last news organization to be targeted by activists. ...
