Svea Herbst Bayliss

3 days ago | csr.economictimes.indiatimes.com | Svea Herbst Bayliss |Kritika Lamba

Dye & Durham on Monday announced a dramatic shift in leadership when it named a new chief executive and a new chief financial officer, ignoring demands from a former chief who is also a large investor to pursue a different course. The Canadian legal software maker appointed former LexisNexis executive George Tsivin as chief executive and brought back Avjit Kamboj to reprise his role as chief financial officer. It also hired Nikesh Patel as chief product officer.

3 days ago | today.westlaw.com | Svea Herbst Bayliss |Nia Williams

NEW YORK (Reuters) -Activist investor Jana Partners is lining up support for a possible boardroom battle at Lamb Weston after a survey showed roughly half of the french-fry maker's top 50 shareholders want the entire board thrown out, according to a...

4 days ago | reuters.com | Svea Herbst Bayliss

NEW YORK, June 2 (Reuters) - Glass Lewis on Monday backed Ancora Holdings' campaign to remove three long-serving directors at Forward Air (FWRD.O), opens new tab, becoming the second proxy advisory firm to urge investors to withhold votes on the trio's upcoming election. The Glass Lewis recommendation, seen by Reuters, comes hours after Institutional Shareholder Services, another prominent advisory firm, urged investors to withhold votes from the three targeted directors. Sign up here.

1 week ago | businesslive.co.za | Steve Holland |Svea Herbst Bayliss

Washington — US President Donald Trump on Friday expressed support for Nippon Steel’s $14.9bn bid for US Steel, saying their “planned partnership” would create jobs and help the American economy. Shares of US Steel soared 21% as investors interpreted Trump’s post on Truth Social to mean Nippon Steel had received his approval for its long-planned takeover, the last major hurdle for the deal.

2 weeks ago | reuters.com | Svea Herbst Bayliss

NEW YORK, May 23 (Reuters) - Proxy advisory firm Institutional Shareholder Services urged Dynavax Technologies (DVAX.O), opens new tab shareholders on Friday to reelect all its company directors instead of backing life sciences investment firm Deep Track Capital's four nominees. "Vote for all four management nominees," ISS wrote in a note to clients that was seen by Reuters. "The dissident has failed to present a compelling case that change is necessary at this meeting." Sign up here.