For those who might not read techie blogs, our friends at TechCrunch are predicting a $34/share deal for Yahoo.
In an excellent piece, TC claims that Microsoft and Yahoo are being quiet only publicly, having been in clandestine talks for some time.
You know that you’re into something sexy when PBS comes knocking.
A week ago, PBS’s Nightly Business Report presented a quick snapshot of this year’s proxy season and some of its key players.
“Trouble at the Top: Proxy Fights 2008″ (click here) includes comments from AFSCME’s Richard Ferlauto.
“Roundtable Review of Corporate Governance” (click here), “Trouble at the Top: Shareholder […]
Look up ”corporate gadfly” in the dictionary, and you’ll find Evelyn Y. Davis.
Click here to view this video gem, CNBC’s annual interview with the Queen of Annual Meetings. A must see for all.
In an apparent move to assuage dissident shareholder Carl Icahn, Motorola announced that it would spin off its troubled mobile cell phone business, effectively splitting Motorola into two publicly traded companies.
Icahn stills believes that Motorola is moving too slow and has vowed that he will continue his proxy fight for four board seats. As Seeking Alpha reports…
“What […]
Take-Two recommended that its shareholders reject Electronic Arts’ $26/share purchase, with Take-Two chairman Strauss Zelnick citing…
“With one of the strongest portfolios of intellectual property in our business, a superb creative and business team, and a revitalization plan that is beginning to deliver results, Take-Two is uniquely positioned to create stockholder value in an industry that […]
Great post at Docu-drama, outlining the shareholder proposals set forth in Google’s proxy statement.
Once again, Google decided that it likes being “big business”, as opposed to “good business”. So much for mottos.
$240 billion pension fund giant CalPERS is shaking the ground at five companies, adding them to CalPERS’ Focus List of unperforming companies:
Cheesecake Factory
Hilb Rogal & Hobbs
Invacare
La-Z-Boy
Standard Pacific
Corporate governance complaints at these companies include staggered boards, restraints on shareholder voting, and unfriendly bylaws.
To read the startled reactions from these named companies as reported by Bloomberg, click here.
Uber-activist Carl Icahn must not blogging (http://icahnreport.com/) because he is simply too busy wheeling and dealing and suing companies.
Icahn rejected Motorola’s offer of two board seats, demanding that he have four.
And Icahn remains serious about his proxy fight, sending more than signals to Motorola management. He is now suing Motorola for “deep access” into the […]
Circuit City has executed 316 turnaround plans (slight exaggeration) in the last several years. And some investors think the electronics retailer is due for another one.
Wattles Capital Management, D.E. Shaw, and HBK Investments have increased their ownership in Circuit City and are campaigning for serious change.
What change exactly?…
“I haven’t talked to a single shareholder who didn’t agree there needs […]
The New York Times is reporting that JP Morgan Chase is exploring the possibility of raising its $2/share offer for Wall Street rival Bear Stearns, up to $10/share.
This whopping 400% increase is the direct result of shareholders and employees (Bear Stearns employees own 1/3 of the firm) threatening to vote “no” on any sale proxy at […]
