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Today: January 24, 2025
Today: January 24, 2025
Svea Herbst-Bayliss

Svea Herbst-Bayliss

Staff Writer

Latest From Svea Herbst-Bayliss

Business|Finance|US

Hedge fund Palliser hires former Elliott partner Kasoff

UK hedge fund Palliser Capital is expanding into the U.S. and said on Wednesday it hired Steve Kasoff, bringing on board a former Elliott Investment

Hedge fund Palliser hires former Elliott partner Kasoff
Business|Finance|Stock Markets|US

ETFS Capital criticizes WisdomTree strategy, launches 'withhold campaign' vs board

ETFS Capital asked shareholders of WisdomTree to abstain from re-electing some board members of the U.S. asset manager, saying its stock could surge at

ETFS Capital criticizes WisdomTree strategy, launches 'withhold campaign' vs board
News|US

Investors greenlight Trump's $6 billion social media deal

Former U.S.

Investors greenlight Trump's $6 billion social media deal
Business|Finance|Technology|US

Twilio appoints Sachem Head partner Andy Stafman to board

Cloud communications company Twilio has appointed a partner at Sachem Head Capital Management to its board, it said on Monday, as it faces pressure from

Twilio appoints Sachem Head partner Andy Stafman to board
Business|Entertainment|Finance|US

Disney edges ahead in battle for board seats with activist investors

Walt Disney appeared to pull ahead of activist investors in the battle for board seats and the future of the global entertainment

Disney edges ahead in battle for board seats with activist investors
Business|Finance

Hedge fund Barington urges Paramount to scrap talks with Skydance

Hedge fund Barington Capital on Friday urged Paramount Global to scrap its exclusive merger talks with Skydance Media, arguing all

Hedge fund Barington urges Paramount to scrap talks with Skydance
Business|Finance|US

Exclusive-JPMorgan dealmakers Lipsky and Lee are leaving the bank, sources say

Two senior JPMorgan Chase dealmakers, Andy Lipsky and Haidee Lee, are leaving the bank, two sources familiar with the

Exclusive-JPMorgan dealmakers Lipsky and Lee are leaving the bank, sources say
Business|Finance|Stock Markets|US

Activist Jana, in letter, urges Wolfspeed to eye sale, other strategic alternatives

Activist investor Jana Partners is urging the world's largest maker of silicon carbide Wolfspeed Inc to explore all ways to improve shareholder value,

Activist Jana, in letter, urges Wolfspeed to eye sale, other strategic alternatives
Business|Finance|Stock Markets

Ancora scores win with ISS endorsement in Norfolk Southern proxy fight

Ancora Holdings scored a second victory in its battle with Norfolk Southern when prominent proxy advisory firm Institutional Shareholder Services (ISS)

Ancora scores win with ISS endorsement in Norfolk Southern proxy fight
Business|Finance|US

TOMS Capital Investment Management has taken stake in Kellanova, sources say

Investment firm TOMS Capital Investment Management has taken a "significant" position in U.S. multinational food manufacturing company Kellanova and is

TOMS Capital Investment Management has taken stake in Kellanova, sources say
Business|Finance

AREX Capital to mount board challenge against Enhabit, sources say

Hedge fund AREX Capital Management is seeking seven board seats at Enhabit, arguing that new directors are needed to help reverse poor financial performance at the

Business|Finance|US

Activist Ancora poised to win some board seats at Norfolk Southern, sources say

Activist hedge fund Ancora Holdings has secured enough support from Norfolk Southern shareholders to win some seats on the U.S. railway operator's board of directors,

Activist Ancora poised to win some board seats at Norfolk Southern, sources say
Business|Finance|Stock Markets|US

Billionaire quant investing pioneer and philanthropist James Simons dies at 86

Billionaire investor James Simons, the mathematician and Cold War code-

Billionaire quant investing pioneer and philanthropist James Simons dies at 86
Business|Finance|Stock Markets

Marathon Partners urges Dr Martens to buy back stock, detail expense cuts

Investment firm Marathon Partners Equity Management is turning up the heat on Dr Martens by urging the British boot maker to detail planned expense cuts and to

Marathon Partners urges Dr Martens to buy back stock, detail expense cuts
Business|Finance|Stock Markets|US

BlackRock directors keep seats at six funds in proxy battle with Saba

BlackRock held onto board seats at six closed end funds last week after investment firm Saba Capital Management did not secure enough votes to replace

BlackRock directors keep seats at six funds in proxy battle with Saba
Business|Finance|Stock Markets

Activist investor Jana pushes Rapid7 to consider a sale

Jana Partners, the activist investor that has successfully pushed for the sale of multiple companies, has built a stake in Rapid7 and is urging the

Business|Finance|Stock Markets

BlackRock shareholders vote, keep directors in place in Saba saga

BlackRock won a fight with hedge fund manager Boaz Weinstein last week when shareholders voted at four of its closed-end funds, data showed, keeping the

BlackRock shareholders vote, keep directors in place in Saba saga
Business|Economy|Finance|US

Activist investors mount record number of campaigns but win fewer board seats

Activist investors mounted campaigns at a record number of companies globally during the first six months of 2024 but have been less successful in breaking

Activist investors mount record number of campaigns but win fewer board seats
Business|Education|Technology

Harvard alumni backed by billionaires fail to make cut for board ballot

Facebook founder Mark Zuckerberg and hedge fund manager Bill Ackman failed on Friday to get candidates they backed to join Harvard's board of overseers.

Harvard alumni backed by billionaires fail to make cut for board ballot
Business|Education|Finance|US

Investor Ackman backs bid by dissidents for Harvard board seats

Billionaire hedge fund manager William Ackman, who joined other Harvard graduates in successfully calling for the university's president Claudine Gay to resign, is

Investor Ackman backs bid by dissidents for Harvard board seats
Business|Economy|Europe|Finance

Activist investors' sights set on corporate Europe after record year

Activist investors are expected to launch more and bolder campaigns for change among European companies in the year ahead,

Activist investors' sights set on corporate Europe after record year
Business|Finance

Billionaire investor Ackman kicks off fundraising for new US fund

Hedge fund manager Bill Ackman kicked off fundraising for a new U.S.-listed closed-end fund on Tuesday, an effort people familiar with the matter say could bring in

Billionaire investor Ackman kicks off fundraising for new US fund
Business|Finance|Stock Markets|US

Ackman says his firm will put $500 million into Pershing Square USA

Bill Ackman's firm Pershing Square Capital Management will put $500 million into its new U.S.-listed investment holding company, the hedge fund manager said

Ackman says his firm will put $500 million into Pershing Square USA
Business|Finance

Anson Funds pushing Five9 to explore a sale, sources say

Investment firm Anson Funds Management has amassed a stake in Five9 and is urging the U.S. call center software company to consider a sale, people familiar with the

Business|Finance|Stock Markets|US

ISS suggests Enhabit shareholders elect three AREX Capital nominees to board

Institutional Shareholder Services (ISS) said on Thursday Enhabit shareholders should elect three AREX Capital Management director candidates to the nine-member board

ISS suggests Enhabit shareholders elect three AREX Capital nominees to board

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