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Proxy Advisors Side With Activist Funds in Their Battles Against DuPont

2015-04-29 19:57:31| Chemicals - Topix.net

Nelson Peltz 's Trian Partners and Rehan Jaffer 's H Partners Management have each received important backing in their respective proxy fights from influential proxy advisory firm Institutional Shareholder Service . In Trian's case, the advisory firm this week urged shareholders to vote for two of Trian's director nominees for the board of E I Du Pont De Nemours And Co , including Peltz himself, while withholding their votes for Trian's other two nominees and the nominees put forward by DuPont.

Tags: side funds proxy advisors

 

Myers Industries of Akron loses proxy contest, GAMCO nominees elected

2015-04-29 10:17:51| Industrial Machines - Topix.net

Shareholders of Myers Industries Inc. of Akron have shaken up the company's board, electing all three people nominated by GAMCO in a proxy contest. The election of the three is a victory for GAMCO Asset Management Inc., which nominated the three earlier this year and has criticized Myers' board and top executives.

Tags: industries contest elected proxy

 
 

With ISS Recommendation, Trian Notches Early Win in DuPont Proxy Battle

2015-04-28 02:09:40| Chemicals - Topix.net

NEW YORK -- Activist Trian Fund Management on Monday won a partial victory in its short-slate proxy-fight at E. I. du Pont de Nemours and Co . Specifically, Institutional Shareholder Services , in a report obtained by The Deal , endorsed two of four Trian nominees including Nelson Peltz , the activist fund's CEO.

Tags: early win battle recommendation

 

Proxy Advisor Sides With Trian Management's Peltz In DuPont Fight

2015-04-27 20:00:05| Chemicals - Topix.net

I'm a staff writer on Forbes' investing team, where I cover banks, asset managers and corporate mergers. I'm on the lookout for the next big thing being pitched on Wall Street and I like to tell the good, the bad and the ugly stories of deal making that investors missed.

Tags: fight sides proxy advisor

 

Christopher & Banks may face proxy fight with activist investor

2015-04-01 22:05:01| Apparel - Topix.net

Christopher & Banks Corp.'s third-largest shareholder, Macellum Advisors of New York, says it's been rebuffed when offering advice to the women's clothing retailer's board of directors. But Duskin said former CEO Joel Waller is the person who put that plan into motion, and his replacement , LuAnn Via , hasn't done a good job implementing it.

Tags: face fight banks investor

 

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