Tag archive for ‘Shareholders’
Eli Horn On Monday, January 19th, 2015

Leonid Nevzlin, Yukos Shareholders, Plan Seizure of Russia’s Overseas Assets

The Russian government missed the January 15 deadline for paying $50 billion to the shareholders of defunct oil company Yukos that was awarded in what has been called the largest commercial lawsuit in history, More...

Eli Horn On Thursday, January 15th, 2015

Corporate Attorney Bashes ‘Wolf Pack’ Tactics of Carl Icahn, Bill Ackman

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 the interests of shareholders. The comments came More...

Eli Horn On Tuesday, December 23rd, 2014

Apple Spends $56 Million on Share Buyback to Appease Shareholders

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 tech giant has begun offering dividends More...

Vered Weiss On Wednesday, October 22nd, 2014

Tesco Shareholders Get Testy as Stock, Sales, Everything Crumbles

– Tesco, a leading British supermarket chain, with stores in North America and Asia, seems to be suffering from the Plagues of Egypt. The iconic brand, founded way back in 1919 by Jack Cohen,  More...

Vered Weiss On Monday, September 29th, 2014

Major Allergan Shareholders Discourage Botox Maker from Buying Salix

It is no secret that Allergan has been in a war against Valeant Pharmaceuticals and activist investor Bill Ackman, who owns a stake in Allergan, to avoid being taken over by Valeant in what it sees as an offer More...

Vered Weiss On Tuesday, September 16th, 2014

AngloGold Ashanti Shareholders Revolt over Restructuring Plan

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 being, of a spin-off that would trade on the London Exchange. More...

Gil Tanenbaum On Tuesday, August 26th, 2014

Spielberg, Geffen and Katzenberg Dreamworks Sued over Flop

Steven Spielberg, David Geffen and Jeffry Katzenberg are in legal trouble. Their Dreamworks Animation SKG has been sued by one of its investors over alleged violations of Federal Securities Laws. Charles More...

Vered Weiss On Monday, August 25th, 2014

Irate Allergan Shareholders Say Botox-Maker Valeant’s Offer ‘Grossly Inadequate’

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), has voiced reminders that shareholders are required More...

Vered Weiss On Tuesday, August 5th, 2014

The Hague Awards Yukos Shareholders $2.5 billion

– – The European Court of Human Rights in The Hague has told Russia to pay Yukos shareholders $2.5 billion or 1.9 billion euros. The company originally asked for 38 billion euros for the unfair, More...

Clive Minchom On Friday, August 1st, 2014

John Elkann’s Fiat Chrysler Corporate Reorganisation Approved By Shareholders At Turin Meeting

– – After taking full ownership of the Chrysler Corporation in January, Fiat Group Chairman John Elkann has spent the last several months formulating a corporate reorganisation of the two entities More...

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