On Sunday, Institutional Shareholders
Services Inc, a proxy adviser, recommended Equity shareholders accept Blackstone's offer to up its initial $20 billion bid by 11% to $54-per share.
like mutual funds, hedge funds and the like remain far more interested in a company's earnings than its leanings, and shareholder-instituted challenges to unresponsive managements are still routine events.
the holding company formed by a consortium c seven equity investors for the purpose of purchasing VNU, two major institutional shareholders
of VNU common stock said they do not support the offer.
The brewer backed down on the options plan following a public outcry by institutional shareholders
such as the Quebec pension fund Caisse de depot, which said it was unfair to allow options to count as votes in the coming shareholder vote for the proposed merger.
yesterday announced plans to take a more proactive interest in the companies they invest in.
The former chairman of Ash & Lacy yesterday made a written formal protest to the Takeover Panel against what he claims is discrimination in favour of institutional shareholders
in the possible takeover of the West Midlands group.
The first time I actually used the words "corporate governance" was in '83, and the first time I wrote about the institutional shareholders
was in '87.
NEW YORK -- Taiwan Greater China Fund (NYSE:TFC), a diversified closed-end investment company registered in the United States, announced today that Institutional Shareholders
Services (ISS), a prominent adviser to institutional shareholders
with regard to how to vote their shares concerning proxy matters, has recommended that shareholders of the Fund support the management of the Fund' s recommendation to approve a new investment contract with Nanking Road Capital Management LLC, a newly formed company to be managed by Steven R.
Shareholders, particularly institutional shareholders
, have become more sensitive to dilution issues raised by the size of shares reserved pools.
are set to become the new police of quoted companies, said law firm Eversheds yesterday.
Amid this turmoil, large institutional shareholders
, including CalPERS, often are viewed as "black-hatted" activists that target unsuspecting and defenseless companies for reform.
will present to institutional shareholders
in Boston followed by more presentations on Thursday in New York and rounding up the week in Detroit on Friday.