Entries tagged "proxy"
Target announces that shareholders have re-elected the retailer's board, defeating a proxy by William Ackman.
Bank of America shareholders react to news that CEO Ken Lewis and the board were re-elected, but another vote that would split Lewis' roles is still being tallied.
Bank of America shareholder Jonathan Finger reacts to Bank of America's (NYSE:BAC) first-quarter earnings and urges shareholders to join his proxy to oust CEO Ken Lewis.
With the economic downturn and shareholder activism on the rise, it is more important than ever for corporations to communicate strategies to shareholders. At The Deal's M&A Outlook 2009 conference, Timothy Brog, a portfolio manager at Locksmith Value Opportunity Fund LP; Damien Park, president and CEO of Hedge Fund Solutions; Jared Landaw of Barington Capital Group LP; and Rachel Posner, senior managing director and general counsel of Georgeson Inc., addressed how companies should communicate with shareholders in regards to shareholder activism. See the video after the break. - Maria Woehr...
CME Group Inc. has revised details of its plan to buy Nymex Holdings Inc. for a "full and final offer." CME Group sweetened the bid to $113 million to win over Nymex members. The deal has received heavy criticism from shareholders, who are pushing to reject the deal at a vote on Aug. 18, according to a report on The Financial Times Alphaville. - Maria Woehr ...
