Trellep, Lockheed chairman, after last year's
proxy fight cost his company approximately $20 million, $3 million of which was for ad space.
What's becoming clear is Acxiom's new desire to rebound from last year's
proxy fight and move forward by polishing its image.
We told you just a few weeks ago about Acxiom Corp.'s plans to shake up its marketing efforts to present a friendlier and more polished company on the heels of its recent
proxy fight.
Dickey reaffirmed Gannett's previous position that the $12 a share offer by MNG, which has launched a
proxy fight against the company through director nominations, is "not credible," adding"While our industry is undoubtedly facing challenges, we at Gannett are committed to remaining a trusted source of local news and information across our communities.
Ichigo claimed that it became the first ever investment fund to win a
proxy fight at a general meeting of shareholders in Japan.
Such development would allow Dell to begin a
proxy fight to regain control of his company, the source added.
Girding for a
proxy fight with the Sulzberger family majority owners, dissident shareholder Harbinger Capital Partners increased its stake in The New York Times Co.
Activist funds -Legion Partners Asset Management LLC, Macellum Advisors GP LLC and Ancora Advisors LLC - which control about a 5% stake in Bed Bath & Beyond, are preparing to begin a
proxy fight to replace the entire board of the company, The Wall Street Journal's Cara Lombardo reports, citing people familiar with the matter.
Readers may recall that the racing sponsorship has long been a source of controversy for the Little Rock database company, most recently giving fodder to ValueAct Capital Partners' criticism of Company Leader Charles Morgan during the
proxy fight that ended in August.
"When the raiders were well financed, all they had to do was launch a
proxy fight against your board and, if you had 100 percent of your board members up for election each year, they could convince the arbitrageur, who then owned most of the stock, that they ought to elect a new board consisting of the LBO firms or takeover individuals and their friends and families.
Nippon Steel raps investment fund over Tokyo Kohtetsu
proxy fightThe group has been preparing for a
proxy fight to nominate a slate of four directors for a vote at the April 22 annual meeting.