Taser-maker Axon is acquiring air defense startup Dedrone
Drones in possession of the Armed Forces of Ukraine on May 2, 2024 in Lviv, Ukraine. “Just open any newspaper, and switch on any TV channel. Look at what’s happening …
Mergers and acquisitions
Norfolk Southern unions, pensions should back activist Ancora: ISS
Norfolk Southern-invested unions and pension funds should back activist Ancora’s full seven-director slate at the railroad’s shareholder meeting later this month, two different Institutional Shareholder Services proxy advisory services said. …
ISS endorses most of Ancora nominees for Norfolk Southern board
Alan Shaw, CEO, Norfolk Southern Scott Mlyn | CNBC Influential proxy advisory firm ISS recommended on Tuesday that Norfolk Southern shareholders support five of activist Ancora’s seven board nominees, withholding …
Glass Lewis endorses 6 Ancora nominees
A Norfolk Southern train is en route on Feb. 14, 2023 in East Palestine, Ohio. Earlier in the month a derailment sent millions of pounds of toxic chemicals into the …
Elliott builds Anglo American stake as miner faces takeover
Chris Ratcliffe | Bloomberg | Getty Images Elliott Management has built a roughly $1 billion stake in miner Anglo American in recent months, a person familiar with the matter told …
Activist Ancora wins Teamster union support
Activist Ancora on Thursday won the support of the BMWED Teamsters in the investor’s efforts to oust Norfolk Southern CEO Alan Shaw and a majority of the railroad’s 13-person board. …
UK regulators refer Vodafone’s merger with Three for in-depth probe
A pedestrian walks past a Vodafone store in central London on May 16, 2023. British mobile giant Vodafone is to axe 11,000 jobs over three years in the latest cull …
Disney board fight hinges on Vanguard, other institutional investors
Bob Iger and Nelson Peltz. CNBC In 2015, Nelson Peltz’s Trian Partners was defeated in an activist campaign against chemical firm DuPont, largely because the top three institutional shareholders voted …
DWAC stock jumps 30% on Trump’s reduced bond, post-merger ticker news
Pavlo Gonchar | SOPA Images | Lightrocket | Getty Images Shares of Digital World Acquisition Corp. soared about 30% on Monday after an appeals court substantially reduced the bond former President …
Activist investor plans second fight at Masimo, sending shares up 5%
Joe Kiani, CEO, Masimo Scott Mlyn | CNBC Health-tech company Masimo, best known for its successful patent litigation over the Apple Watch, is facing a proxy fight for the second …