A regulator says new guidance will prevent companies from "gaming the rules to deny shareowners the right to vote on critical reforms."
The agency has "significant concerns" that companies may be disguising taxable transactions as spinoffs to avoid paying taxes.
ValueAct Capital is the latest example of activists “moving up the corporate food chain toward larger targets” as their financial firepower increases.
Proxy advisor says Samsung's argument in favor of combining two of its units “remains vague and unconvincing."
Proposal to allow proxy voters to use a single voting form in contested elections could give activists an edge.
Icahn bets on ride-sharing startup, saying it's a "tremendous bargain" compared to Uber.
The mattress maker's shareholders vote against re-election of the CEO, chairman, and the chair of the board's corporate governance committee.
Directors have to protect both the company's and its shareholders' interests, which can conflict, as in the case of some coercive takeover bids.
