Tag Archives: brian-l-roberts
Hedge-fund chief gains seat on Sara Lee board
Chicago Tribune – The leader of an activist hedge fund with a significant stake in Sara Lee Corp. has been added to the foodmaker’s board of directors. Downers Grove-based Sara Lee said Thursday that it is expanding its 10-member board […]
Harbinger Hedge Fund Picks Next Battle
New York (HedgeCo.Net) – Harbinger Capital Partners is no stranger to aggressively seeking strategic changes within companies in which they invest. This month, it’s Harbinger vs. Cleveland-Cliffs Inc. The mining company is urging shareholders to reject a bid by the […]
Harbinger Hedge Fund Looking to Shake Up Another Board
New York (HedgeCo.Net) – Harbinger Capital has taken an 8 percent stake in Cablevision Systems Corp., according to a regulatory filing done yesterday with the Securities and Exchange Commission. The activist hedge fund now owns nearly 19 million shares of […]
CSX ‘Welcoming’ Work With Activist Hedge Funds
CNBC – Cramer got a chance Thursday to check in briefly with CSX Chairman and CEO Michael Ward. Ward’s been a regular guest on Mad Money as his company has battled with activist hedge funds fighting to have him ousted. […]
Yahoo Vote Missed Major Investor
Tampa Tribune – Yahoo is recounting the shareholder vote for its board of directors after discovering that a tabulating firm failed to register the opposition of a major investor. The revision won’t change the outcome of Friday’s election, which retained […]
Peace breaks out in Yahoo leadership row
Guardian Unlimited- The struggling internet company Yahoo has struck a pact with its billionaire critic Carl Icahn by giving the hedge fund activist a minority presence on its board to avoid a potentially tempestuous showdown at a shareholder meeting next […]
Anheuser-Busch Fires Back at InBev, Files Suit
New York (HedgeCo.Net) – Budweiser maker Anheuser-Busch is suing InBev after declaring that their “bargain price” offer of $65 a share is illegal. Anheuser-Busch accuses InBev of using “deceptive conduct” to try to win control of the company. InBev recently […]
Yahoo/Microsoft Talks May Be Back On
New York (HedgeCo.Net) – After months of on-again off-again talks between Yahoo and Microsoft, the possibility of a merger looks to be back on. According to the Wall Street Journal, Microsoft said they may be interested in restarting talks if […]
High Court rejects hedge fund Expro deal block
Daily Telegraph- The High Court has rejected an audacious last-gasp bid by hedge funds to block Candover’s £1.8bn bid for oil services group Expro. Hedge funds holding around 25pc of Expro – led by Mason Capital and Sandell Asset Management […]
Hedge funds urge CSX shareholders to elect their board slate
CNN Money- Two hedge funds urged shareholders of CSX Corp. on Tuesday to elect their minority slate of five board candidates, arguing that their nominees have more industry experience and a greater financial stake in the railroad operator. The hedge […]
