Loeb’s Third Point Pushes For Campbell Soup Sale
About 41% of the publicly held, global soup-maker is still held by family members, who have resisted a sale in the past.
Icahn Blasts Cigna Deal for PBM as ‘Travesty’
The investor urges Cigna shareholders to reject the acquisition of Express Scripts, calling it potentially “one of the worst blunders in corporate history."
Rent-A-Center Cuts 250 Jobs, Confirms Offers
The struggling furniture and equipment rental firm has been under pressure from activist investors to sell itself.
Hudson’s Bay Shares Plunge as Q3 Loss Widens
“We know we can do better," CFO Ed Record says as the retailer posts a net loss of $192 million and same-store sales decline 3.2%.
Arby’s Owner Buys Buffalo Wild Wings for $2.9B
After pulling off an impressive turnaround at Arby's, Roark Capital faces a similar challenge at the chicken-wing chain.
Activists Derail $20B Clariant, Huntsman Deal
The demise of the merger is a "high water mark for U.S. activist investors, which have increasingly turned their attention to European companies."
P&G Sales Rise 1% on Grooming Weakness
The first-quarter results may give more ammunition to activist investor Nelson Peltz, who has criticized P&G over stagnant sales.
Honeywell to Spin off $7.5B in Businesses
The company's aerospace unit will remain in its portfolio despite pressure from activist investors to spin it off.
ADP Needs a New CFO, Says Research Firm
In rebutting Bill Ackman's call for a new CEO of ADP, Management CV suggests the problem is in the finance chief's office.
Ackman Presses for Strategy Changes at ADP
The activist investor says ADP could more than double its stock price if it cut staff and made better investments in technology.
Bill Ackman, ADP Heading for Proxy Fight?
The activist investor is planning to name a minority slate to the ADP board as he seeks "transformational change" at the company.