The Companies Cutting Jobs in 2024: Here’s the List
Updated Jan. 12, 2024 2:03 pm ETListen to article(1 minute)Some companies are kicking off the new year by trimming staff...
Portfolio/Fund/Asset Management
Disney Wins Backing of Key Investor in Battle With Nelson Peltz
Updated Jan. 3, 2024 1:39 pm ETWalt Disney Co. won the support of a key shareholder in its fight with...
FTC Investigates Exxon’s $60 Billion Deal for Pioneer
Updated Dec. 5, 2023 5:25 pm ETU.S. antitrust enforcers are investigating Exxon Mobil’s plan to acquire Pioneer Natural Resources, which...
Why Nelson Peltz Grew Impatient With Disney’s Turnaround Efforts
The activist adds shares, while the company plans changes to ESPN, Hulu and its streaming business. Source link
WSJ News Exclusive | Apollo Global-Led Group Nears Deal to Buy Arconic
The firms are set to pay $30 a share, or about $3 billion, for the industrial-parts manufacturer, according to people...
Salesforce Shakes Off Proxy Fight From Elliott
The activist investor says it was swayed by the business-software provider’s latest financial results and cost-cutting. Source link
Nelson Peltz Plans Proxy Fight Against Disney
MarketsTrian Fund Management wants Disney to plan for Robert Iger’s successor and wants a seat on the board Source link
AT&T to Build Broadband Services Outside Its Current Markets
The telecom company would form a joint venture with BlackRock to fund the rollout of fiber-optic networks in new markets....
Activist Investor Dan Loeb Backs Off Pushing Disney to Sell ESPN
Activist investor Dan Loeb signaled Sunday morning on Twitter that he is backing off his push to persuade Walt Disney...
WSJ News Exclusive | Activist Elliott Management Holds Stake in PayPal
Activist investor Elliott Management Corp. has a stake in PayPal PYPL -5.65% Holdings Inc., according to people familiar with the...
Unilever to Add Activist Investor Nelson Peltz to Board
Unilever UL 9.94% PLC said it would add Nelson Peltz to its board and disclosed his fund now holds a...
Wendy’s Largest Shareholder Trian Explores Burger-Chain Deal
Trian Fund Management LP, Wendy’s Co. WEN -2.34% ’s largest shareholder, said it is exploring an acquisition or another potential...
WSJ News Exclusive | Activist Investor Ancora Has 1% Hasbro Stake
An activist investor has a stake in Hasbro Inc. HAS 1.83% and is supporting another activist already waging a proxy...
Nielsen Rejects Roughly $9 Billion Takeover Offer From Private-Equity Consortium
Nielsen CEO David Kenny in 2019 Photo: Paul Miller/Bloomberg News March 20, 2022 9:33 pm ET Nielsen Holdings NLSN 2.17%...
WSJ News Exclusive | Consortium Including Elliott in Advanced Talks to Buy Nielsen Holdings
A consortium of private-equity firms including Elliott Management Corp. is in advanced talks to buy TV-ratings company Nielsen Holdings NLSN...
Citrix Systems to Go Private in Deal Valued at $16.5 Billion, Including Debt
Citrix Systems Inc. CTXS -3.81% will be taken private in an all-cash acquisition valued at $16.5 billion, including debt, making...
Elliott and Vista Near Deal to Buy Citrix Systems
Elliott Management Corp.’s private-equity arm, Evergreen Coast Capital, and Vista Equity Partners are near an agreement to pay $104 a...
Unilever Plans Job Cuts as Activist Investor Trian Takes Stake
Unilever UL 8.58% PLC plans to cut thousands of jobs as part of a reorganization aimed at speeding up its...
U.S. Companies Are Thriving Despite the Pandemic—or Because of It
Nearly two years after the coronavirus pandemic brought much of the U.S. economy to a halt, public companies are recording...
Demand for Oil, Gas to Remain Robust for Years, Energy Leaders Say
The leaders of the world’s largest oil companies said Monday that demand for the products they make will remain robust...
