Tag archive for ‘poison pill’
Vered Weiss On Friday, January 23rd, 2015

Gannett Says Carl Icahn Wants To “Advance His Own Agenda” With Proxy Threat

Carl Icahn is at it again, this time with Gannett, which he wants to split up into a newspaper unit, which includes USA Today and its broadcast operations, and has made two board nominees to ensure this More...

Gil Tanenbaum On Thursday, January 22nd, 2015

Carl Icahn Cuts Deal with eBay Over PayPal

Carl Icahn has reached a deal with eBay. The company will expand its board of directors and include Icahn Capital executive Jonathan Christodoro. The move comes ahead of a planned breakup for the struggling More...

Clive Minchom On Saturday, June 28th, 2014

Bill Ackman’s Pershing Square Gains Right To Solicit Special Meeting Of Allergan Shareholders Without Triggering Poison Pill In $51 Billion Takeover Battle

–   Lawyers for Allergan, Valeant Pharmaceuticals and Pershing Square yesterday announced they had mutually agreed to a common understanding, without waiting for a ruling by a Judge, that certain More...

Clive Minchom On Wednesday, June 18th, 2014

Bill Ackman & Valeant File Hostile $51 Billion Exchange Offer For Allergan With SEC

– – Today Valeant Pharmaceuticals, in partnership with Bill Ackman and his Pershing Square activist hedge fund, went hostile in their endeavor to acquire speciality pharmaceuticals company Allergan, More...

Clive Minchom On Saturday, June 14th, 2014

Bill Ackman’s Hedge Fund Pershing Square Sues Botox Maker Allergan Over Poison Pill Trigger Isssue

–   – Fighting a hostile takeover battle, in a case where increasingly support seems to be evenly divided amongst the bidding and defending parties, can then end up something like a war of attrition More...

Clive Minchom On Saturday, May 3rd, 2014

Delaware Court Denies Daniel Loeb Request And Upholds Sotheby’s Poison Pill

– – As part of their defence against attack from activist investor Daniel Loeb’s Third Point the international auction house Sotheby’s, in October of 2013, put in place a shareholder rights More...

Clive Minchom On Monday, January 6th, 2014

Carl Icahn Reportedly Spends $1 Billion To Buy Shares In Hertz Global Holdings

– Last week Hertz Car Hire, whose official corporate name these days is the slightly more pretentious Hertz Global Holdings Inc., a public company listed on the New York Stock Exchange, announced More...

Clive Minchom On Tuesday, November 26th, 2013

Carl Icahn Takes $750 Million Stake In Women’s Healthcare Company Hologic

– Carl Icahn / Getty – Medical device maker Hologic Inc. on Thursday of last week announced its Board of Directors had approved a shareholder rights plan, a.k.a. poison pill, to take immediate More...

Wordpress site Developed by Fixing WordPress Problems