activist investors
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Business
Southwest shares tumble after airline overhauls board but keeps CEO
Southwest Airlines will revamp its board and the chairman will retire next year, but it intends to keep CEO Robert…
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Business
Macy’s ends talks to go private with Arkhouse and Brigade for $6.9B
Macy’s ended talks with the activist investors Arkhouse Management and Brigade Capital, claiming they lack the funds to acquire the…
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Business
Gildan Activewear shares climb after board resigns, ousted CEO returns
Canadian apparel maker Gildan Activewear said Thursday its board of directors has resigned and its CEO Vince Tyra has stepped down to be…
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Business
Advance Auto Parts to add 3 new directors after Dan Loeb’s firm takes stake
Advance Auto Parts is appointing three new board members after hedge funds Third Point LLC and Saddle Point Management took positions in…
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Business
Disney counts on Taylor Swift, ‘Fortnite’ and football to boost returns
Disney CEO Bob Iger is making big bets on Taylor Swift, “Fortnite,” and football — investments he claims will fuel…
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Business
Activist investor looks to boost Barbie-owner Mattel’s value
Move over Ken, Barbie has a new suitor. New York-based investment company Barington Capital Group has built an undisclosed stake…
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Business
Arkhouse confirms $5.8 billion proposal to take Macy’s private
Arkhouse Management and its partner Brigade Capital Management on Dec. 1 made a $5.8 billion proposal to take department store…
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Business
Activist investor Blackwells plans to challenge Wendy’s board: sources
Activist hedge fund Blackwells Capital is preparing to challenge Wendy’s board of directors in an effort to improve the fast-food…
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