Topic
shareholder-activism
10 stories related to this topic, newest first.
flipboard.combusiness31 days ago
Toby Neugebauer Outlines 75-Day Plan to Maximize Value at Fermi
Toby Neugebauer presented a 75-day plan to evaluate strategic options for Fermi Inc. The proposal includes electing a new board to review a potential sale or partnership alongside a standalone tenant plan.
Forbesfinance34 days ago
Lululemon Sends Letter to Shareholders Criticizing Founder Chip Wilson
Lululemon Athletica has sent a letter to shareholders ahead of its June 25 annual meeting. The letter criticizes founder Chip Wilson and his proposed board nominees while defending the company's current board and incoming CEO.
Benzingafinance39 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…
news.sky.combusiness41 days ago
PrimeStone Capital Sends Letter to Intertek Group Board
PrimeStone Capital LLP, holding approximately 0.5% of Intertek Group plc, dispatched a public letter to the company's board on May 11, 2026. The shareholder activism move was announced in London the same day via PRNewswire. The full text of the letter is available online.
Los Angeles Timesfinance44 days ago
Southeastern Asset Management, Holder of 4% of Mattel, Urges Company to Explore a Sale
The investor managing 4 percent of Mattel’s stock sent an open letter to the board calling for a sale to a private equity firm, toy competitor or media company. Mattel shares stood at $15.41 on Friday morning after a 2 percent rise. The company responded that it would consider th…
insidermonkey.comfinance45 days ago
Activist Investor Calls for Probe of Leonardo SpA Shareholder Meeting Vote
Wyser-Pratte Management Co. Inc. has demanded an independent investigation into the annual general meeting of Leonardo SpA held on May 7, 2026. The activist cited restrictions on shareholder participation, technical failures with remote access, and a narrow victory margin for the…
Washington Examinerpolitics45 days ago
Unions Use ESG Investing to Advance Labor Goals
Union membership has fallen to 10 percent of the U.S. workforce overall and below 6 percent in the private sector. A new report describes how unions direct pension funds, which hold hundreds of billions of dollars, to support shareholder resolutions seeking to eliminate secret-ba…
CNBCfinance45 days ago
SEC Proposes Ending Mandatory Quarterly Earnings Reports
The Securities and Exchange Commission formally proposed allowing public companies to file semiannual reports on a new form 10-S instead of quarterly 10-Q filings. The change, which President Trump has long advocated, aims to reduce short-term focus and let executives concentrate…
MA
manilatimes.netfinance52 days ago
OneMove Capital Addresses Sylogist Board's Questions on Director Nominations and Governance Plan
OneMove Capital Ltd., the largest independent shareholder of Sylogist Ltd., addressed seven questions from the company's board on April 30, 2026. The response highlights criticisms of the board's management and proposes nominating four independent directors. OneMove owns about 15…
The Timesbusiness56 days ago
Pearson Proposes Revised CEO Pay Plan Up to £12.8 Million, Backed by Largest Shareholder Cevian Capital
Europe's largest activist investor, Cevian Capital, announced support for Pearson's revised executive pay arrangement that could provide CEO Omar Abbosh with up to £12.8 million in 2026. The plan has drawn criticism from advisory groups Glass Lewis and ISS for being excessive. Pe…