A shareholder advisory service sided with Gannett in its effort to fend off the hostile takeover attempt of a hedge fund-controlled newspaper company. Glass Lewis, which advises shareholders on governance issues, recommended that Gannett stockholders reject the unsolicited bid and board nominees from MNG Enterprises...
... backed one of a hedge fund-owned newspaper company's three nominees to the Gannett board of directors , according to the two media companies ...
A hedge fund-owned newspaper company is asking shareholders of Gannett Co. to vote for its nominees to Gannett's board of directors , the latest ...
A hedge fund-owned newspaper company with its eyes on Gannett Co. is launching a hostile bid to take control of Gannett's board of directors...
... were advised by independent financial and legal advisors and featured other appropriate corporate governance procedures," the hedge fund said...
“You can create special committees and make all the arguments you wish, but ultimately, human nature always wins out,” said Charles Elson, director of the John L. Weinberg Center for Corporate Governance at the University of Delaware. The Sears CEO, who disclosed that he owns 49% of Sears ...
