After a decade-long standoff, activist Sardar Biglari has the authority to procrastinate the restaurant chain. It…
Tag: corporate governance
Manchester United Might Catch Buyers Offside
The Glazer family has done well out of the British soccer club, but their strategy isn’t…
Disney’s Robert Iger Loomed Over His Successor as CEO, Creating Tensions
Soon after he took the top job in 2020, Bob Chapek was at odds with Mr.…
Celsius Failed to Set Up Controls to Track Customer Funds in Some Accounts, Examiner Says
Pro Bankruptcy The crypto firm had established custody accounts meant to keep funds separate from deposits…
Companies Brace for Onslaught of New Activists After Change in Proxy-Voting Rules
Markets Deals New ballot format for electing corporate directors lowers the entry barriers for activist shareholders
Activist Investor Dan Loeb Backs Off Pushing Disney to Sell ESPN
Sept. 11, 2022 3:25 pm ET Listen to article (2 minutes) Activist investor Dan Loeb signaled…
U.S. Audit Deal or No Deal, Dozens of Chinese Companies Believe They Won’t Have to Delist
By Michelle Chan and Mark Maurer in New York and Jing Yang in Hong Kong Sept.…
A Loss for Richemont’s Activist Is Still a Small Win
Although an activist has lost its campaign at one of Europe’s top luxury companies, the fact…
WSJ News Exclusive | Anti-ESG Activist Investor Urges Chevron to Increase Oil Production
A conservative activist turned investor who has criticized Wall Street’s efforts to address climate change and…
Volkswagen’s Bad Governance Could Give Porsche IPO a Racing Start
It would take a real market crash to throw the Porsche initial public offering off course.…