A universal proxy may benefit public companies in certain contested director elections, but the ability to use this tool may depend on a company’s bylaws.
Key Points -
..In contested director elections, the binary...more
11/19/2018
/ Board of Directors ,
Bylaws ,
Contested Elections ,
Director Nominations ,
Proxy Advisory Firms ,
Publicly-Traded Companies ,
Securities and Exchange Commission (SEC) ,
Shareholder Activism ,
Shareholder Votes ,
Shareholders ,
Universal Proxy
Suit signals potential consequences for activist investors who rely on the HSR “solely for purposes of investment” exemption.
On April 4, 2016, the U.S. Department of Justice (DOJ) sued certain ValueAct Capital entities...more
4/18/2016
/ Baker Hughes ,
Department of Justice (DOJ) ,
Enforcement Actions ,
Federal Trade Commission (FTC) ,
Halliburton ,
Hart-Scott-Rodino Act ,
Investment-Only Exemption ,
Pre-Merger Filing Requirements ,
Shareholder Activism ,
Third Point ,
Yahoo!
Shareholder rights plans were developed more than 30 years ago to fend off opportunistic hostile offers and other abusive takeover transactions. Rights plans deter unauthorized stock accumulations by imposing substantial...more