Saying it is “alarmed and concerned,” The NewsGuild has launched a proxy campaign to Tribune Publishing shareholders that raises questions about the shrinking assets of Alden Global Capital, the hedge fund owner of rival newspaper chain MNG Enterprises. The Guild, which represents news workers at more than a dozen Alden-owned papers, filed the letter with…
Tag: proxy contest
A Win in Proxy Fight for Universal Proxy Card
For the first time, a dissident shareholder group won board control in a proxy contest using a “universal proxy card” that included the names of both the company’s and the dissident’s slates. The battle for a majority of the board seats at EQT Corporation was waged by brothers Toby and Derek Rice, whose November 2017…
Activist Starboard ends BMS proxy war after advisories back Celgene deal | FiercePharma
A classic example of blame the messenger — and another conclusive rebuttal to the claim that proxy advisors are not inclined to support management. Apparently, positive word from influential proxy advisory firms was enough to put the nail in the coffin on Starboard Value’s campaign to scuttle the mammoth Bristol-Myers Squibb-Celgene merger.Friday, the rebel investor said it would stop…
ValueEdge Advisors 