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Ashford Files Injunction To Freeze Sessa From Paying Investor Redemptions

2016-03-28 14:18:51| Jewelry - Topix.net

Ashford Inc. today announced that it requested that a Texas state court issue an injunction to prevent Sessa Capital from paying redemption requests made by its investors. The Company filed a lawsuit claiming tortious interference, together with additional claims including conspiracy, alleging monetary damages potentially exceeding $200 million as well as other non-monetary relief against Sessa and its purported director nominees John E. Petry, Philip B. Livingston, Lawrence A. Cunningham, Daniel B. Silvers, and Chris D. Wheeler on March 23, 2016.

Tags: files investor paying freeze

 

Activist investor wants new Yahoo board

2016-03-24 15:58:20| BBC News | Business | UK Edition

Activist investor Starboard Value calls for replacement of entire Yahoo board after its "dismal performance".

Tags: board yahoo investor activist

 
 

Yahoo's activist investor just confirmed it is launching a proxy war...

2016-03-24 15:04:11| Auto Parts - Topix.net

Marissa Mayer, CEO of Yahoo, attends the Cannes Lions 2014, 61st International Advertising Festival in Cannes, southern France, Tuesday, June 17, 2014. Starboard Value, an activist investor in Yahoo, confirmed on Thursday it is launching a proxy war to dump the company's entire board, Reuters first reported .

Tags: war confirmed investor proxy

 

Thor's Investor Q&A: 'No Signs of a Slowdown'

2016-03-23 17:06:29| Mobile Homes - Topix.net

On the heels of an impressive second-quarter financial report, referred to by Thor Industries Inc. Chairman Peter B. Orthwein as the "strongest first half of any fiscal year in the history of our company," the publicly held Elkhart, Ind.-based firm's senior management has addressed a series of questions as part of an "Investor Q&A" accessible on the company's website.

Tags: signs investor slowdown thors

 

Valeant to replace CEO, adds activist investor to board

2016-03-21 23:21:02| Biotech - Topix.net

Embattled drug company Valeant Pharmaceuticals says it is looking for a new CEO and has added activist investor William Ackman to its board of directors. Valeant Pharmaceuticals International Inc. says current CEO J. Michael Pearson will stay until his replacement has been appointed.

Tags: board replace investor ceo

 

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