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activist investors
Tinder parent Match Group faces activist campaign from Starboard: 'Lack of innovation'
Starboard is in ongoing talks with Match Group and its board regarding ways to boost its profitability and cut costs, the activist fund’s boss Jeff Smith said in a letter.
Macy's scraps talks to go private for $6.9B with activist investors Arkhouse and Brigade
Macy's board “unanimously determined to terminate discussion with Arkhouse and Brigade that have failed to lead to an actionable proposal with certainty of financing at a compelling value.”
Southwest Airlines CEO rejects calls to resign: 'We have a great plan and will execute'
Activist investor Elliott Investment Management called for leadership and board changes at Southwest after reporting a stake worth about $1.9 billion in the carrier.
Gildan Activewear shares climb after board resigns, ousted CEO returns
Gildan's board has been clashing with Browning West and seven other investors that own a total of 35% stake in the company following the ouster of co-founder Chamandy in December.
Advance Auto Parts to add 3 new directors after Dan Loeb's firm takes stake
The board refreshment comes only six months after the company picked Shane O'Kelly, a former US Army captain who had held senior roles at Home Depot, to replace Tom Greco...
Billionaire Nelson Peltz charged Wendy's $600K for security services: filing
Wendy's chairman and its largest shareholder, charged the fast-food giant nearly $600,000 in "security-related expenses" last year, according securities filings.
JetBlue shares jump 22% after Carl Icahn reports stake in airline, calls shares undervalued
Billionaire Carl Icahn sent shares of JetBlue spiking more than 15% in extended trading after the activist investor reported a nearly 10% stake in the airline and said its stock...
Disney's Bob Iger bets on Taylor Swift, 'Fortnite' and football to fuel 'significant growth'
Disney is betting big on what's hot in pop culture right now -- namely, Taylor Swift, Epic Games' popular "Fortnite" vide game and football -- to set the stage "for...
Barbie-owner Mattel courted by activist investor in bid to boost toymaker's lackluster stock
Move over Ken, Barbie has a new suitor. New York-based investment company Barington Capital Group has built an undisclosed stake in Barbie-owner Mattel and wants to swoop in to create...
Arkhouse confirms $5.8B proposal to take Macy's private
Arkhouse Management and its partner Brigade Capital Management on Dec. 1 made a $5.8 billion proposal to take department store chain Macy’s private, Arkhouse confirmed on Sunday.
Disney CEO Bob Iger's pay hits $31.6M as Mouse House struggles to rebuild
Disney CEO Bob Iger saw his pay hit $31.6 million in 2023, as the company struggles to rebuild itself and fend off activist investor Nelson Peltz.
Disney reaches info-sharing deal with activist investor during proxy battle with Nelson Peltz
Activist investment firm ValueAct Capital Management agreed to back Walt Disney's board nominees at its upcoming shareholder meeting as the entertainment giant looks to fight off a proxy battle from...
Macy's shares jump nearly 20% on reported $5.8B buyout bid to take retailer private
Macy's shares soared nearly 20% Monday following reports that an investor group offered $5.8 billion to buy the iconic department store chain and take it private. Real-estate focused investing firm...
Catholic nuns sue Smith & Wesson to halt sales of AR-15 assault rifles
If successful, the lawsuit would hold the company's directors liable for any costs associated with the allegedly illegal marketing of assault rifles and any damages would be paid to Smith...
Activist investor backing Disney's Iger plans challenge to Wendy's board: sources
Blackwells' challenge pits it against Nelson Peltz's Trian Fund Management, which owns a 16% stake in Wendy's.
Activist investor Nelson Peltz vows to continue proxy war against Disney after being denied board seats
Disney shares, which have traded near nine-year lows in recent months, were was flat Thursday at around $92. The company has a market capitalization of $169 billion.
Disney drama builds for Bob Iger as another activist investor builds large stake
Disney's stock price could trade between $120 and $190 a share, far above its current $94.19 price, ValueAct has suggested.
Billionaire Nelson Peltz renews push for seats on Disney board as stock slumps
Nelson Peltz, the billionaire founding partner behind Trian Fund Management, reportedly wants multiple board seats at Walt Disney -- including one for himself -- after his fund upped its stake...
Billionaire Dan Loeb's hedge fund Third Point is in a major slump: report
Third Point, which is listed on the London Stock Exchange and has some $11.7 billion under management, saw assets fall about 1.6% so far this year through August -- a...
Hedge fund titan Bill Ackman tells The Post why he remains bullish on NYC, talks presidential picks
"I think if NYC became an unsafe place — the images you see of San Francisco where you have open air drug users lying on the street — that would...