The healthcare technology and consulting firm reached a deal with activist investor Paul Singer’s fund that ends the threat of a director battle-for now. Advisory Board on Friday reached a settlement with activist investor Elliott Management’s Paul Singer that ends the threat of a director battle-for now-as the healthcare technology and consulting firm continues to explore strategic alternatives, such as a sale.
Category: Activism
A Trump voter’s message to retailers: – Keep your mouths shut about our president’
Rachel Veazey of Cleveland, Tenn., is showing her support for President Trump by returning clothes to, and refusing to shop at TJ Maxx – though it’s hard to resist the allure of its deals. “I’m just going to do a little bit of business,” the 77-year-old says as she walks into Neiman Marcus at the Tysons Galleria in Northern Virginia and asks for the manager.
Shopify, Breitbart, And The B2B Boycotts That Are Dragging Brands Into Politics
Consumers can’t do business with Shopify directly. But they can target the companies that do-and support employees who want to quit.
ValueAct’s Ubben Disinvesting in the Market
Activist investor Jeff Ubben of ValueAct on Wednesday evening painted a negative picture of the markets, noting that he is disinvesting and has put about $3 billion into cash, even as corporations push for M&A. “We’re very late cycle,” Ubben told a Reuters conference on the future of shareholder activism.
Legg Mason Stock Spikes on Takeover Speculation
Legg Mason , a Baltimore-based asset manager, reportedly received a takeover bid from an anonymous party, according to StreetInsider.com, citing sources. Legg Mason currently has $710 billion under management.
New Crop of Activist Investors is on the Hunt
A Lazard review of activist campaigns for 2016 show that first time insurgent campaigns represented about a quarter of all activism for the year – a new record. Last month startup fund Gilead Capital settled a brewing director-election proxy fight with Landauer to add one dissident director to the therapeutics and analytical services company’s board.
Meet the New Wave of Insurgents
A Lazard review of activist campaigns for 2016 show that first-time insurgent campaigns represented about a quarter of all activism for the year – a record. Last month, startup fund Gilead Capital settled a brewing director-election proxy fight with Landauer to add one dissident director to the therapeutics and analytical services company’s board.
Rights group says Philippine killings are extrajudicial
Amnesty International campaigner Wilnor Papa, left, gestures during a video news conference with their London counterpart Rachel Chhoa-Howard and Sis. Maria Vida Cordero, right, in suburban Quezon city, northeast of Manila, Philippines.
Animal rights activist Peta buys stake in Louis Vuitton
Animal rights pressure group Peta has bought shares in Louis Vuitton Moet Hennessey in order to pressure it to stop selling bags and other products made from exotic animal skins. The stake in the French luxury group will give Peta the right to attend shareholder meetings and question the board in front of other shareholders.