Business
The Russian government missed the January 15 deadline for paying $50 billion to the shareholders of defunct oil company Yukos that was awarded in...
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Money
Martin Lipton, one of New York’s leading corporate lawyers, is taking aim again at activist investors, claiming that they manipulate the markets and damage...
Money
Apple Inc.’s shareholders might have to thank none other than Carl Icahn for his activism, which has propped up the company’s share price significantly, as the...
Business
– Tesco, a leading British supermarket chain, with stores in North America and Asia, seems to be suffering from the Plagues of Egypt. The...
Business
It is no secret that Allergan has been in a war against Valeant Pharmaceuticals and activist investor Bill Ackman, who owns a stake in...
Business
A $2.1 billion rights issue for AngloGold Ashanti belly flopped as shareholders rejected a restructuring and foiled its plans, at least for the time...
Court
Steven Spielberg, David Geffen and Jeffry Katzenberg are in legal trouble. Their Dreamworks Animation SKG has been sued by one of its investors over...
Business
Bill Ackman, in his obsessive, Ahab-like quest to force Botox-maker Allergan (AGN) to acquiesce to a hostile $54 billion takeover bid from Valeant (VRX),...
Business
– – The European Court of Human Rights in The Hague has told Russia to pay Yukos shareholders $2.5 billion or 1.9 billion euros....
Business
– – After taking full ownership of the Chrysler Corporation in January, Fiat Group Chairman John Elkann has spent the last several months formulating...