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Tag: shareholder
Yahoo shareholder warns against major acquisitions
2015-01-09 09:03:00| Telecompaper Headlines
(Telecompaper) Yahoo shareholder Starboard Value has warned the company against making any large acquisitions. Jeffrey Smith, managing member of Starboard Value, wrote to Yahoo chief executive Marissa Mayer after rumours that the company could be considering a deal to buy cable TV channels including Scripps Networks Interactive and Time Warner's CNN, the Financial Times reports. The shareholder, who lobbied for Yahoo to tie up with AOL in a previous letter, said it was "increasingly concerned" that the company could use the proceeds from the sale of some of its stake in Alibaba to make a big purchase. Smith warned that a large acquisition or a spin-off of Asian assets in return for cash, rather than a more tax-efficient restructure of Yahoo's remaining stakes in Alibaba and Yahoo Japan, would "be a clear indication to us that significant leadership change is required". Other large shareholders have also expressed "serious concerns" with the rumours of a sizeable deal, he claimed in the letter. Yahoo did not comment on the letter.
Tags: major
yahoo
acquisitions
shareholder
Portugal Telecom shares suspended as shareholder vote looms
2015-01-09 01:00:00| Total Telecom industry news
Telco fails to provide information that will enable shareholders to make informed decision on Altice deal, regulator says.
Tags: vote
portugal
shares
telecom
SWFT Shareholder Alert -The Law Offices of Vincent Wong Launch an...
2015-01-08 03:17:08| Trucking - Topix.net
Click here to learn about the investigation: http://docs.wongesq.com/SWFT-Info-Request-Form-559 . There is no cost or obligation to you.
Tags: law
alert
offices
vincent
Crocs Has Fun Footwear Value, But What About Shareholder Value?
2015-01-07 02:09:21| Footwear - Topix.net
We think Marilyn Monroe would've loved that. Not us, though. We're not that fun.
Canary Wharf Group shareholder Franklin backs Songbird deal-bidders
2014-12-30 09:20:13| Real Estate - Topix.net
Franklin Mutual Advisers has written to Songbird Estates to indicate it plans to accept any cash offer for Canary Wharf Group shares from a Qatari-led group bidding for Songbird. News of the letter was given as the bidders for Songbird, Qatar Investment Authority and its bidding partner, U.S. investor Brookfield Property Partners, published the final offer document for their 2.6 billion pound bid for Songbird.
Tags: group
franklin
backs
shareholder
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