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 business review.
NEW YORK, Oct 4 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.
NEW YORK, Sept 19 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.
NEW YORK Lawrence Culp has held the top job at General Electric for nearly one year and on Thursday one of the industrial conglomerate's biggest shareholders, activist investor Nelson Peltz, gave him a shout-out for being "fantastic."
NEW YORK U.S. Securities and Exchange Commission chair Jay Clayton said on Thursday he was concerned about the growth of private markets and negative interest rates as policymakers try to stimulate growth.
NEW YORK, Sept 18 Investment manager Donald
Netter is stepping up his battle with First Trust High Income
Long/Short Fund (FSD) by asking the closed-end fund to
restructure or give investors their money back because it has
been trading at a discount for years.