Delek Pushes Back At Carl Icahn Proxy Contest
“Delek desperately needs new strategic direction,” according to the CEO of competitor CVR Energy.
Xerox Ups Offer for HP, But Is It Enough?
Xerox Holdings on Monday announced a sweetened tender offer for HP at about $24 a share, or $34 billion.
Xerox Plans to Nominate New Slate of HP Directors
The move comes after HP rejected Xerox’s latest takeover offer.
Eldorado Resorts to Buy Caesars in $17.3B Casino Deal
The acquisition combines about 60 casinos and resorts in 16 states under a single name.
Former AIG Finance Chief Joins Health Insurance Start-up
Oscar Health announces the hiring of Sid Sankaran two months after AIG replaced him in the CFO role.
Dell Sweetens Tracking Stock Buyback by $2B
The company's new offer to buy back its Class V shares still falls short of activist investor Carl Icahn's valuation of its VMware subsidiary.
Icahn Seeks Records on Dell, VMware Stock Deal
The activist investor says Dell has refused to disclose "much basic information" about its plan to go public by buying back the VMware tracking stock.
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."
Xerox CEO to Step Down in Victory for Icahn
Jeff Jacobson is resigning to settle a legal battle between Xerox and hedge-fund billionaire Carl Icahn over its proposed merger with Fujifilm.
Icahn Unveils Alternative to Xerox-Fuji Merger
The billionaire investor and another Xerox shareholder believe the copier pioneer can have “a better, brighter future as a standalone company.”
Icahn to Sell Federal-Mogul to Tenneco for $5B
The deal is the latest shakeup in the auto parts business, with Tenneco planning to split into two companies after it is completed.