Tag: hedge funds

Activist Starboard has a variety of strategies to build value at Bloomin’ Brands

An Outback Steakhouse truck sits parked outside a restaurant in New York.Daniel Acker | Bloomberg | Getty ImagesCompany: Bloomin' Brands (BLMN)Business: Bloomin' Brands owns...

Constellation Brands is in the midst of a transformation. How activist Elliott may build value

Modelo Especial beer arranged in the Brooklyn Borough of New York, U.S., on Tuesday, Nov. 23, 2021.Gabby Jones | Bloomberg | Getty ImagesCompany: Constellation...

Activist Legion Partners spots two possible paths to create value at Clear Channel Outdoor

Company: Clear Channel Outdoor (CCO)Business: Clear Channel Outdoor is an out-of-home advertising company that offers a variety of advertising services, including through billboards, street...

Activist investor Elliott is back at NRG Energy. Here’s how the firm plans to build value

Company: NRG Energy (NRG)Business: NRG Energy is an integrated power company involved in producing and selling electricity and related products and services to residential,...

Here’s why Shake Shack’s recent deal with Engaged Capital may have fallen short for shareholders

Sopa Images | Lightrocket | Getty ImagesCompany: Shake Shack (SHAK)Business: Shake Shack owns, operates and licenses Shake Shack restaurants, which offer hamburgers, chicken, hot...

Farallon steps up activism at biotech company Exelixis. Here’s what could happen next

Adene Sanchez | E+ | Getty ImagesCompany: Exelixis (EXEL)Business: Exelixis, an oncology-focused biotechnology company, focuses on the discovery, development, and commercialization of new medicines...

D.E. Shaw spots an opportunity to boost margins at FleetCor – and do so amicably

Djelics | E+ | Getty ImagesCompany: FleetCor Technologies (FLT)Business: FleetCor is a business payments company that helps businesses spend less by enabling them to...

Inclusive Capital’s Ubben named to Vistry board as homebuilder looks to leverage recent acquisition

A contractor operates a roller on the construction site of the HS2 Ltd. Old Oak Common super-hub railway station, in view of the Vistry...

Icahn proposes three candidates for Illumina’s board — Here’s what could be next in the battle

Reptile8488 | E+ | Getty ImagesCompany: Illumina (ILMN)Business: Illumina develops, manufactures and markets life science tools and integrated systems for large-scale analysis of genetic...

Inclusive Capital takes a stake in Bayer — 3 ways it may build value with a sustainable focus

Logo and flags of Bayer AG are pictured outside a plant of the German pharmaceutical and chemical maker in Wuppertal, Germany.Wolfgang Rattay | ReutersCompany:...

Hestia Capital could be preparing to shake up the board at Pitney Bowes

Alistair Berg | Digitalvision | Getty ImagesCompany: Pitney Bowes (PBI)Business: Pitney Bowes is a global shipping and mailing company that provides technology, logistics, and...

Carl Icahn snaps up shares of canning giant Crown. Here’s how he may build value

Fotog | Tetra Images | Getty ImagesCompany: Crown Holdings (CCK)Business: Crown Holdings is a worldwide leader in the design, manufacture and sale of packaging...

Activist investor Starboard reveals stake in Salesforce, sees significant opportunity

Jeffrey Smith, CEO of Starboard Value LP and Chairman of Papa John's International Inc.Brendan McDermid | ReutersStarboard Value has taken a stake in Salesforce,...

Tiger Global drops 14% in May during the tech sell-off, pushing hedge fund’s 2022 losses to over 50%

Chase Coleman's Tiger Global Management suffered huge losses in May amid a tech-driven sell-off, making the hedge fund's tough 2022 even worse.The growth-focused flagship...

How Elliott Associates’ proposal to split two businesses at Western Digital may build value

A Western Digital office building is shown in Irvine, California, U.S., January 24, 2017.Mike Blake | Reuters Company: Western Digital (WDC)Business: Western Digital is...

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