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    1. Ranking the Activists for Proxy Season 2017

      Ranking the Activists for Proxy Season 2017

      Proxy season 2017 was busier than ever for activist investors, with more campaigns launched so far this year than for all of 2016. Overall, there were 803 activist campaigns so far, up from 737 for all of 2016, FactSet reports. Boardroom battles that went the distance still favored management. Of 82 proxy fights that were launched in 2017, 30 went to a vote, and 17 went for management...

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    2. Broadcom's Boardroom Battle With Qualcomm Will Likely Lead to a Higher Bid

      Broadcom's Boardroom Battle With Qualcomm Will Likely Lead to a Higher Bid

      Broadcom Ltd. ( AVGO ) on Monday, Dec. 4, took its hostile $130 billion bid to buy Qualcomm Inc. ( QCOM ) to the chipmaker's shareholders by launching a total boardroom takeover effort intended to help propel its deal effort. The semiconductor company's boardroom battle was expected as Qualcomm last month said it was rejecting Broadcom's unsolicited offer of $70 in cash and stock. The deal, should it ever be consummated, would represent the largest ever technology combination...

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    3. P&G's CEO Is Under Siege as Activist Investor Battle Resurfaces

      P&G's CEO Is Under Siege as Activist Investor Battle Resurfaces

      Procter & Gamble Co. ( PG ) is contesting preliminary results issued last week by an independent election inspector that gave dissident Nelson Peltz a narrow lead in his boardroom battle at the iconic American packaged goods company. On Nov. 17, P&G's election inspector IVS Associates determined that Peltz appeared to have won a director fight, the largest proxy war ever, by the narrowest of margins, about 0.0016% of the vote, or 42,780 shares...

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    4. The Activist Who Drove Whole Foods Sale Is Targeting Outback Steakhouse Owner

      The Activist Who Drove Whole Foods Sale Is Targeting Outback Steakhouse Owner

      Activist investor Jana Partners Barry Rosenstein on Monday launched an activist campaign at Outback Steakhouse owner Bloomin' Brands Inc. ( BLMN ) , suggesting in a securities filing that he may urge the company to consider "exploring a sale" of the business. Bloomin' Brands shares spiked up 12% to $20.84 on the news...

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    5. A Broadcom Director Fight Could Be Next at Qualcomm

      A Broadcom Director Fight Could Be Next at Qualcomm

      The likelihood that Broadcom Ltd. ( AVGO ) will launch a boardroom battle to take over the board of Qualcomm Inc. ( QCOM ) increased substantially on Monday, Nov. 13. That's because as expected, Qualcomm announced Monday it was rejecting Broadcom's unsolicited $130 billion, including debt, acquisition offer. Last Monday Broadcom offered to buy Qualcomm for $70 a share in cash and stock, in what would become the largest ever technology combination if it were to ever be consummated...

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    6. Ackman: I'll Be Back Next Year If ADP Doesn't Perform

      Ackman: I'll Be Back Next Year If ADP Doesn't Perform

      Embattled billionaire activist Bill Ackman vowed to launch another director battle next year at Automatic Data Processing Inc. ( ADP ) if the payroll processor doesn't meet its commitments to shareholders. The insurgent investor made the comments to The Deal shortly after he lost a hard-fought boardroom battle seeking three seats on ADP's 10-person board in a months-long contest that came to a conclusion Tuesday, Nov. 7...

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    7. Director Compensation Climbs as Companies Pay for Experience

      Director Compensation Climbs as Companies Pay for Experience

      As compensation for corporate directors shifts more towards paying outside experts for their contributions, S&P 500 board members got a raise of almost $5,000 in 2016, reaching a median of $254,700, according to a study by Mercer, a consulting firm. The biggest winners work in the tobacco industry, led by Louis Camilleri, the non-executive chairman of Philip Morris International ( PM ) , who earned more than $2.7 million in 2016, according to analysis by BoardEx, a relationship mapping service of TheStreet Inc . "Over the past five years, there has been an increase in compensation," Ted Jarvis, global director ...

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    8. Tough Boardroom Situations - Directors Share Lessons Learned

      Tough Boardroom Situations - Directors Share Lessons Learned

      NEW YORK , Oct. 25, 2017 /PRNewswire-USNewswire/ -- When boards find themselves facing a challenge from within their own ranks, how are directors responding? In a new board briefing from the WomenCorporateDirectors Foundation (WCD) , a panel of directors and governance experts explores the fraught issues that arise from everything from conflict-of-interest situations to crisis events, and the lessons they took away from both current and past board tenures...

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    9. It's Time for a New Broom to Sweep Clean General Electric, Jim Cramer Warns

      It's Time for a New Broom to Sweep Clean General Electric, Jim Cramer Warns

      It's time for change at General Electric ( GE ) , according to TheStreet's founder and Action Alerts PLUS Portfolio Manager Jim Cramer. "GE, right now, reflects a 15 cent cut in the quarterly dividend," Cramer said, referring to investors' fears that GE may reduce its dividend in an effort to turnaround the company. Earlier this month, GE announced the departures of a host of executives, including its chief financial officer and vice chairman...

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    10. Pershing Square's Nominees For ADP's Transformation To Participate In A Fireside Chat

      Pershing Square's Nominees For ADP's Transformation To Participate In A Fireside Chat

      Pershing Square Capital Management, L.P. ("Pershing Square") today announced that Pershing Square CEO Bill Ackman, Veronica Hagen and Paul Unruh ("The Nominees for ADP's Transformation") will participate in a fireside chat hosted and moderated by Sanford C. Bernstein & Co. ("Bernstein")...

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    11. With an Activist Hovering, Embattled Ruby Tuesday Sells to NRD for $335 Million

      With an Activist Hovering, Embattled Ruby Tuesday Sells to NRD for $335 Million

      Under pressure from Engaged Capital's Glenn Welling, Ruby Tuesday Inc. (RT) on Monday agreed to sell itself to private equity firm NRD Capital for about $335 million. Under the terms of the deal, NRD agreed to buy Ruby Tuesday's stock for $2.40 a share in cash or $335 million, excluding transaction expenses. The purchase price is about 37% over Ruby Tuesday's closing price on March 13, the day before the restaurant chain announced it was evaluating strategic alternatives...

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    12. What Would Really Happen If Nelson Peltz Wins His Procter & Gamble (PG) Boardroom Battle

      What Would Really Happen If Nelson Peltz Wins His Procter & Gamble (PG) Boardroom Battle

      The biggest boardroom battle in the history of U.S. director election contests is set to take place in less than a week with activist investor Nelson Peltz seeking a seat on the board of packaged goods company Procter & Gamble ( PG ) . At the center of the dispute is the activist investor's assertion that P&G suffers from " suffocating bureaucracy " and should be restructured into three global business units rather than the four it has now...

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