Activist Investors
Newell Brands will let Carl Icahn name four board members Newell Brands has cut a deal with Carl Icahn to ease the pressure on its board. The embattled maker of Rubbermaid storage containers, Elmer’s glue and Sharpie pens said Monday...
Carl Icahn boosts stake in Newell Brands as proxy battle heats up The battle at Newell Brands is heating up. Activist investor Carl Icahn has upped his stake in the Elmer’s glue maker to 6.9 percent, according to a Friday regulatory filing....
Activist hedge fund steps up pressure on Newell Brands Activist investor Jeff Smith has “serious concerns” about Elmer’s glue-maker Newell Brands’ “dysfunctional” board. Smith’s Starboard Value said Monday that it added two additional directors to its slate of nominees...
Icahn owns large stake in Newell Brands: sources Carl Icahn has recently acquired a leading equity position in Newell Brands, three sources close to the situation told The Post. The previously undisclosed position taken by the hard-charging billionaire,...
Bill Ackman concedes defeat on Herbalife Bill Ackman has finally cried uncle on Herbalife. More than five years after betting $1 billion that nutritional supplements company was a “pyramid scheme” and insisting its shares would go...
Outback Steakhouse's service is not well-done What’s eating investors in Outback Steakhouse? To find out, The Post recently paid a visit — and came away with a plateful of complaints. The Manhattan location of the nation’s...
Outback Steakhouse has a bread problem, investor says If Outback Steakhouse wants to turn around its business, it could start with some “warm, freshly baked bread.” That’s according to activist investor James Mitarotonda of New York-based Barington Capital,...
Paul Singer is poised to profit on Qualcomm's NXP offer Activist investor Paul Singer got nearly six billion reasons to smile Tuesday after Qualcomm upped its bid on chipmaker NXP Semiconductors. The billionaire’s Elliott Management, which holds 7.2 percent of...
Icahn ally sues to block Fuji-Xerox merger Xerox shareholder Darwin Deason asked courts on Tuesday to block the company’s merger with Japan’s Fujifilm Holdings, claiming board members at the US photocopier maker had failed in their duty...