1. Little Engine No. 1 Beat Exxon With Just $12.5 Million

    Little Engine No. 1 Beat Exxon With Just $12.5 Million

    (Reuters) - Activist investor Engine No. 1 spent roughly $12.5 million to win three board seats at Exxon Mobil Corp, less than half its original budget, for the year's biggest and most closely watched corporate contest, people familiar with the number said. Engine No...

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    1. Our costs for the proxy contest remain in line with our filed estimates. We reject any speculation of excessive costs.
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