By Yi-Wyn Yen The only thing surprising about the resolution between Yahoo’s board of directors and activist investor Carl Icahn was that it didn’t happen sooner. The proxy campaign that Icahn launched nearly three months ago...
By Alistair Gray One of the most influential characters in corporate Britain has taken the helm of Cadbury's board, the confectioner confirmed on Monday. Roger Carr becomes chairman, as expected, after the maker of chocolate...
Friday July 18, 3:18 pm ET Wendy's CEO says company making good progress on plans for takeover by Triarc NEW YORK (AP) -- Wendy's International Inc., the nation's No. 3 hamburger chain, said Friday it is making "good progress"...
Filed under: Activist investingWhen you look at the work of 13-D wielding activist investors, you usually find the following demands repeating themselves over and over: Try to sell the company to a private equity firm or...
DUBLIN, Ohio (AP) - Wendy's says sales at its company-owned restaurants rose slightly during the second quarter of the year. Same-store sales, or sales at restaurants open at least a year, were up 0.1 percent during April, May...
The job description for a corporate raider is simple: Buy stock in mismanaged companies, and then growl at them until management pays you a lot of money to go away - or you make management go away. Brand reinvention is usually...
Thomas O. Hicks and Blackstone Group, two big names in the leveraged buyout business, have struck a deal — and it involves the trendy investment vehicles known as Spacs. The asset in question, a plastic container company called...
By Jose Lambiet Palm Beach Post Staff Writer It's only Friday, and the dream wedding weekend that golf legend Greg Norman and his bride-to-be, retired tennis champ Chris Evert, planned in the Bahamas already has turned into a...
Starbucks' chief caffeinista faces penny-pinching customers, a plunging stock price, and competition from Dunkin' Donuts and McDonald's. Early this year, shortly after Schultz had resumed the post of C.E.O. at the company he’d...
As CSX shareholders meet to vote on director nominees proposed by two activist hedge funds, the landscape for these battles has changed drastically. A recent decision by a federal district court found that the method that the...