The quick-service chain was mostly successful against Sardar Biglari’s board challenge by leveraging a “poison pill” strategy ...
Chip Wilson, founder of Lululemon Athletica, Inc. and one of Lululemon’s largest shareholders, launched a new website, CreativityFirstlulu.com, to advance a proxy campaign ahead of Lululemon’s 2026 ...
Italian gun manufacturer Beretta is launching a proxy fight to take control of Sturm, Ruger and Co., America’s largest ...
Dec 29 (Reuters) – Lululemon Athletica’s founder Chip Wilson said on Monday he had launched a proxy fight by nominating three independent directors to the company’s board, days after the apparel maker ...
It marked the latest proxy fight for San Antonio investor Sardar Biglari, who had sued the burger chain and its directors to stop its annual meeting.
Harley-Davidson is embroiled in a proxy fight with investor H Partners Management, who seeks to oust CEO Jochen Zeitz and two other board members. H Partners cites underperformance of Harley-Davidson ...
Phillips 66 said May 15 it will sell majority stakes in its Germany and Austria retail fueling business ahead of its heated proxy fight next week with Elliott Investment Management. Elliott is seeking ...
Kenvue settled its proxy fight with activist Starboard Value, adding three new directors to its board. Starboard's Jeff Smith will join the board of the Johnson & Johnson spinoff, along with Sarah ...
Lululemon founder Chip Wilson is escalating his long-running critique of the company’s direction into a formal proxy fight, nominating three independent director candidates he says can restore ...
Gift Article 10 Remaining As a subscriber, you have 10 articles to gift each month. Gifting allows recipients to access the article for free. A drug company founder has abandoned a proxy fight at the ...
For some firms that lose an auction to acquire a company, plan B is to blow up the auction altogether, wait for chaos to ensue, and then hope that chaos results in the valuation of the company being ...