Tags » Activist Shareholders

Jana Partners Pressing Qualcomm to Spin Off Chip Business

Hedge fund Jana Partners said on Monday that Qualcomm’s chip business was “essentially worthless” at current valuations and pressed the company to spin it off from its patent-licensing business to “restore investor confidence.” 361 more words

Enterprise

What's Holding Tech M&A Back?

Mergers and acquisitions activity around the world continues on a tear. Last year alone saw $3.5 trillion of deal-making, just below the all-time high of 2007, Thomson Reuters data show. 954 more words

EMC Reaches Agreement With Investment Firm, Adds Two Directors

EMC reached a temporary agreement with Elliott Management that will see two nominees of the investment firm that has called for the breakup of the storage and cloud technology company added to its board of directors. 504 more words

Enterprise

Re/wind: Inside Apple's Secret Labs, Post-IPO Alibaba/Yahoo and More

Hello there!

If you missed the big headlines, don’t fret! Here’s the news that powered Re/code this week:

  1. Two weeks ago, Apple announced its newest product line.
  2. 610 more words
General

Can companies think & act long-term?

When former Merck & Co. CEO Ray Gilmartin sat down with a governance guru to reflect on “The Board’s Role in Strategy” for the National Association of Corporate Directors’  379 more words

Investor Relations

Blue Harbour Group, an activist investor fund, said today it had bought stock in cloud computing company Rackspace amounting to about 6.4 percent of shares outstanding… 30 more words

General

EMC Is Ready to Meet With Activists, Meets Street View

EMC CEO Joe Tucci says he’s willing to meet with representatives of an activist investor fund that wants to break up the company.

Speaking on a conference call with investors, Tucci said the company… 365 more words

General