Illinois Tool Works Reaches Agreement With Activist Shareholder
Illinois Tool Works said Friday that it had reached a pact with an activist investor, a move that could cool calls for the breakup of one of the most diversified U.S. conglomerates.
Canadian Pacific Rejects Bill Ackman’s Plan for a New CEO
Canadian Pacific Ltd. Chairman John Cleghorn said in an open letter to shareholders that the railroad company's board fully backs Chief Executive Fred Green and the entire management team, and encouraged activist investor Bill Ackman to accept CP's offer to join its board.
Bill Ackman Wants to Throw Out Canadian Pacific’s CEO
This afternoon, hedge-fund manager Bill Ackman struck back at Canadian Pacific Railway, which earlier accused its biggest shareholder of leaking the possibility of a new CEO to the press. Now, Ackman says Canadian Pacific's pants are on fire.
Canadian Pacific Railway Bashes Bill Ackman for Purported Leaks
Canadian Pacific Railway Ltd. has been playing nice with Bill Ackman, the hedge-fund manager who tends to strike fear in companies in which he invests. Now, the railroad company is bashing Ackman publicly.
Read: Letter from Unhappy AOL Investors
Read the letter from an AOL investor that is going public with its criticisms of the Internet company. The major beef: AOL is losing way too much money from its Web content sites such as Huffington Post and Patch.
Bill Ackman Buys 12.2% Stake in Canadian Pacific Railway
Hedge fund manager Bill Ackman bought a 12.2% stake in Canadian Pacific Railway Ltd., according to a regulatory filing Friday.
Nelson Peltz Won’t Go Hostile on Family Dollar
Shares of Family Dollar are getting kicked around in pre-market trading after Nelson Peltz agreed not to convert his zeal to buy the company into a hostile offer.
Dan Loeb: Yahoo Chairman Hung Up on Me
Daniel Loeb's latest attack on Yahoo includes a revelation that the company's chairman hung up on one of Yahoo's biggest investors.
Maybe Yahoo Can Exhale, a Little
Daniel Loeb, which is pressing for a board shakeup at Yahoo, has a mixed track record in pushing for corporate changes. But his poison pen is never far from reach.
Investor: Yahoo Needs ‘Fresh Board Talent’
Third Point, the investment firm run by Daniel Loeb, just disclosed a 5.1% stake in Yahoo, and said the company needs to make serious changes to its board.
No One Betting on a RIM Takeover?
Takeover fever for Research in Motion? Nah.
Two-Day Rally for McGraw-Hill
For the second day in a row, shares of McGraw-Hill are rising, presumably related to a shareholder duo pushing the company to break up.
