Topic
activist-investing
7 stories related to this topic, newest first.
calgaryherald.combusiness41 days ago
Elliott Takes $718M Stake in Northern Star Resources, Urges Sale or Strategic Review
The hedge fund disclosed a stake exceeding AUS$1 billion and urged a strategic review of the Australian gold miner, citing repeated missed guidance and peer underperformance.
finance59 days ago
Starboard Value Discloses New $258 Million Stakes in Lamb Weston and CarMax
Activist hedge fund Starboard Value disclosed new positions valued at roughly $258 million each in food processor Lamb Weston and auto retailer Carmax as of March 31, 2026. The stakes rank eighth and ninth in the firm's top 10 holdings, with bitcoin miner Riot Platforms rounding…
Benzingafinance61 days ago
Saba Capital Gains Control of Edinburgh Worldwide Investment Trust After Activist Campaign
Boaz Weinstein's firm has assumed control of the growth-focused investment trust after a campaign criticizing its sale of a large portion of its SpaceX stake. Edinburgh Worldwide Investment Trust proposed a 66% tender offer on Thursday in response. Saba, which owns a 30% stake, h…
New York Postfinance62 days ago
Wendy’s Shares Rise 14% on Report of Potential Take-Private Bid
Activist investor Nelson Peltz’s Trian Fund Management is seeking funding from outside investors for a possible bid to take Wendy’s private. The fast-food chain has reported declining same-store sales and its stock has fallen for four consecutive years. Talks come as other restau…
finance.yahoo.comfinance62 days ago
U.S. CPI Rises 3.8% in April, Slightly Above Expectations
April consumer prices came in hotter than expected with core measures also beating estimates. Mizuho raised price targets on Super Micro Computer and Corning while Qnity Electronics reported strong organic sales growth. Nelson Peltz's Trian is assembling a potential take-private…
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Semaforworld68 days ago
Ryan Cohen Launches $55 Billion Bid for eBay
Activist investor Ryan Cohen, who took over GameStop in 2021, has made a $55 billion offer for eBay that is half cash and half stock. The bid hinges on a closely held highly confident letter from TD Bank that includes multiple assumptions about financing $20 billion in new debt.
Substrate placeholder — needs reviewworld94 days ago
Baillie Gifford Trust Backs Activist Proposal After Shareholder Vote Loss
A trust managed by Baillie Gifford & Co., which holds an early investment in SpaceX, has recommended a proposal supported by activist investor Boaz Weinstein. This follows the trust's loss of a key shareholder vote. The development involves corporate governance changes at the tru…
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