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Ashford Trust Board Of Directors Recommends Shareholders Not Consent...

2014-11-14 17:51:30| Jewelry - Topix.net

The Company recommends that shareholders NOT consent to the hotel union's call for a meeting, and urges shareholders that have already submitted a written request card to the hotel union to revoke their consent or by sending a blue revocation card to the Company. The Company reiterated that it strongly believes that calling a special shareholder meeting at this time is unwarranted and is not in the best interests of the Company or its shareholders and that the Company has taken significant corporate governance actions in response to its on-going dialogue with shareholders.

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Salix shareholders lose $3B in stock plunge

2014-11-08 02:53:04| Biotech - Topix.net

Salix Pharmaceuticals lost nearly $3 billion in market value overnight, as it reported operating losses; questions about inventory reporting led to an audit and now a shareholder lawsuit. CEO Carolyn Logan saw the market value of her personal shares drop from $147 million on Thursday to $95 million.

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Level 3, TW Telecom shareholders back $5.3 billion merger

2014-10-28 19:30:25| Telecom - Topix.net

Jeff Storey, CEO of Level 3 Communications Inc., will continue to lead the company following its acquisition of TW Telecom. Shareholders of Level 3 Communications and TW Telecom on Tuesday morning overwhelmingly approved merging the companies in a $5.3 billion deal.

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Chiquita shareholders say no to merger with Fyffes

2014-10-27 01:00:00| Food Processing Technology

Banana company Chiquita will not enter a merger deal with Irish rival Fyffes after the company's shareholders voted against it.

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Chiquita shareholders reject Fyffes banana merger

2014-10-24 18:16:24| Agriculture - Topix.net

Chiquita shareholders rejected Friday a merger with European rival Fyffes that would have created the world's largest banana trader, opening the way for a $680 million takeover by Brazilian bidders. The board of Chiquita Brands said it had terminated talks with Fyffes and would begin discussions with Brazilian juice exporter Cutrale Group and investment bank Safra Group, which on Thursday raised their unsolicited bid for Chiquita to $14.50 a share.

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