Activist Funds Succeed in Blocking Singapore REIT Merger

(Bloomberg) -- Activist funds Quarz Capital and Black Crane successfully blocked a proposed merger that would have created Singapore’s fifth-largest real estate investment trust...
(Bloomberg) -- Activist funds Quarz Capital and Black Crane successfully blocked a proposed merger that would have created Singapore’s fifth-largest real estate investment trust...
Pierre Beaudoin, grandson of the Quebec giant's founder, told shareholders at the company's annual meeting Thursday that the board "respected the company's contractual obligations" to the former chief executive...
CAMBRIDGE, Mass. -- Aegerion Pharmaceuticals, Inc. , a biopharmaceutical company dedicated to the development and commercialization of innovative therapies for patients with debilitating rare diseases, ...
Naia Limited, an international drug development company with an initial portfolio of innovative, clinical stage compounds for short bowel syndrome, NASH and Type 2 diabetes, today announced three additions to its business advisory board.
Ambac Financial Group, Inc. (AMBC) , a holding company whose subsidiaries provide financial guarantees and other financial services, today announced the appointment of Alexander D. Greene as an independent Director, effective immediately. Mr. Greene has also become a member of the Audit and Compensation Committees
By Olivia Kumwenda-Mtambo JOHANNESBURG (Reuters) - Eskom Chairman Zola Tsotsi has stepped down, the South African power utility said on Tuesday, after its board accused him of acting improperly by suspending the chief executive. Eskom's [ESCJ.UL] board said that with the departure of Tsotsi, who had dismissed the accusations as minor issues, the company could focus on challenges facing it and ...
PARIS (Reuters) - U.S. hedge fund P. Schoenfeld Asset Management criticized the corporate governance of French media group Vivendi, saying that it was giving too much leeway to chairman and largest shareholder Vincent Bollore to boost his stake at "undervalued prices". The fund, also known as PSAM, is trying to rally other minority shareholders to vote for two resolutions at an upcoming annual ...
Entertainment Gaming Asia Inc. , a gaming company focused on emerging gaming markets in Pan-Asia, today announced the appointment of Dennis Tam Ph.D.
CORAL GABLES, Fla. -- Catalyst Pharmaceutical Partners, Inc. , (Catalyst Pharmaceuticals), a biopharmaceutical company focused on developing and commercializing innovative therapies for people with rare ...
Chevron Corporation announced that Inge G. Thulin has been elected to Chevron’s board of directors effective Jan. 28, 2015. He will serve on the company’s Board...
BETHESDA, Md. -- Sucampo Pharmaceuticals, Inc. (Sucampo) , a global biopharmaceutical company, today announced that Robert J. Spiegel, M.D., FACP has joined Sucampo's Board of Directors...
Alcoa today announced that its Board of Directors has elected L. Rafael Reif a director of the Company effective March 2, 2015...
MIAMI, Jan. 15, 2015 /PRNewswire/ -- Lennar Corporation (NYSE:LEN and LEN.B), one of the nation's largest homebuilders, announced that the Company's Board of Directors has elected Armando Olivera to serve as a member of the Board of Directors, effective January 13, 2015. Olivera was President of Florida Power & Light Company (FPL), a subsidiary of NextEra Energy, Inc. and one of the largest ...
RESTON, Va., Jan. 15, 2015 /PRNewswire/ -- comScore, Inc. (SCOR), a leader in measuring the digital world, today announced that Joan M. Lewis, formerly Senior Vice President of Global Consumer and Market Knowledge at The Procter & Gamble Company, has been appointed as a member of the company's Board of Directors, effective today. Ms. Lewis' appointment fills the vacancy created by the ...
NYSE: PBA) announced today that Mr. Gordon J. Kerr has been appointed to the Board of Directors effective January 15, 2015. Mr. Kerr currently serves on the Board of Directors of Laricina Energy Ltd. and is a member of the Management Advisory Council of the Haskayne School of Business at the University of Calgary. Mr. Kerr is a former President and Chief Executive Officer of Enerplus Corporation ...
JUPITER, Fla., Jan. 12, 2015 /PRNewswire/ -- Dyadic International, Inc. ("Dyadic") (DYAI), a global biotechnology company focused on the discovery, development, manufacture and sale of enzymes and other proteins, announced today the appointment of Michael Tarnok as the company's Chairman of the Board of Directors. Mr. Tarnok will continue to serve on the company's audit and compensation ...
LAKE FOREST, Calif., Jan. 12, 2015 /PRNewswire/ -- Cryoport, Inc. (OTC BB:CYRX) ("Company"), the leading provider of advanced cryogenic logistics solutions for life sciences serving markets including immunotherapies, stem cells, cell lines, contract research organizations, vaccine manufacturers, and IVF, today announced the appointment of Richard J. Berman to its Board of Directors. Mr. Berman ...
SARASOTA, Fla., Jan. 12, 2015 /PRNewswire/ -- xG Technology, Inc. ("xG" or the "Company") (Nasdaq: XGTI, XGTIW), a developer of patented wireless communications and spectrum sharing technologies, has announced that James T. Conway, a retired Commandant of the United States Marine Corps, has been appointed to the company's Board of Directors, effective January 6, 2015. The election of General ...
NAPERVILLE, Ill., Jan. 12, 2015 /PRNewswire/ -- General Employment Enterprises, Inc. (NYSE MKT: JOB) ("the Company" or "General Employment") a provider of specialty staffing services today announced the addition of Dr. Arthur B. Laffer to the General Employment Board of Directors. Dr. Arthur Laffer is the founder and chairman of Laffer Associates, an economic research and consulting firm. A ...
Tokai Pharmaceuticals, Inc. , a clinical-stage biopharmaceutical company focused on developing novel therapies for prostate cancer and other hormonally driven diseases, today announced that Stephen Buckley, Jr...
Incyte Corporation today announced the appointment of Jean-Jacques Bienaimé, Chief Executive Officer of BioMarin Pharmaceutical Inc., and Paul J. Clancy, Executive Vice President, Finance and Chief Financial Officer of Biogen Idec Inc., as new Directors...
Mr. Carnell brings extensive leadership experience to Sienna Labs with a successful 20+ year track record of building companies and creating shareholder value. Clint recently served as an advisor to Covidien plc as executive in residence. From 2011-2014 he was President, Chief Executive and Chairman of myoscience, inc., a silicon valley based medical device company specializing in using cold to ...
TROY, Mich., Jan. 8, 2015 /PRNewswire/ -- Altair today announced that John Calabrese, former General Motors Vice President of Global Vehicle Engineering, will join a newly formed board of directors for Altair ProductDesign, a wholly owned subsidiary focused on product development, enterprise solutions, and customer site services. The board has been established for the U.S.-based entity, but ...