A report from Business Insider looks at nine noteworthy activists and the deals that earned them recognition. More
Other Top Stories... |
Vinyl construction product maker Georgia Gulf rejected a $1.2 billion takeover offer by Westlake Chemical as being too low, according to Bloomberg. More
A report from The Canadian Press says the chief executive of Lakeside Steel, activist Vic Albioni, is moving on in the face of a friendly acquisition by JMC Steel Group. More
Openwave Systems now has a shareholder rights plan devised to protect non-operating loss carry-forwards, according to Dow Jones. More
A report from The Montreal Gazette says that Canadian Pacific Railway management is meeting with investors to counter Bill Ackman's critique of the company's performance. More
Moneta Porcupine Mines has devised a poison pill to manage possible unwanted interest following the company's announcement of an increase in the potential of a gold project, Canadian Business says. More
Activist fund Jana Partners has taken a 5.5% stake in Marathon Petroleum, according to The Wall Street Journal. More
Icahn Capital said in a regulatory filing that CVR Energy shares are undervalued. More
Research in Motion has hired Goldman Sachs to look for a buyer, ITProPortal says. More
U.K. Deputy Prime Minister Nicholas Clegg said the government needs to take steps to empower shareholders against "crony capitalism," according to Professional Pensions. More
Illinois Tool Works said in a regulatory filing that it has agreed to appoint a Relational Investors executive to the company's board. More
Kingsdale Communications, a communications and investor relations firm that works on proxy fights, said in a statement that it hired journalist Bernard Simon as part of an expansion of communication services. More
Starboard Value funds said in a regulatory filing that while a dialog with Progress Software management has been beneficial, the company's shares remain undervalued. More
Oshkosh Corp. investors have voted down most of Carl Icahn's board nominees, according to The Daily Deal. More
Raging Capital Management said in a regulatory filing that Emerson Radio shares are undervalued. More
Canadian National Railways cited responsibility to shareholders when it suspended pension pay to former chief executive Hunter Harrison, according to CBC News Network. More
A report from Reuters says investors in the U.S. are increasingly motivated to launch proxy fights to increase the value of Canadian companies. More
Canadian Pacific Railway shareholder Bill Ackman maintains that the chief executive he wants to head the company is not barred from doing so by agreements with a former employer, according to Bloomberg. More
Shortly after Icahn Capital took a stake in the company, CVR Energy said in a statement that it has adopted a shareholder rights plan. More
Westlake Chemical said in a statement that Georgia Gulf Corp. erred in adopting a shareholder rights plan and spurning a $30-per-share buyout. More
A livemint.com report says that investors in India concerned with a company's value often sell their shares rather than take steps to alter governance. More


