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Pep Boys avoids fight with biggest shareholder

2015-06-11 20:17:00| Auto Parts - Topix.net

The largest shareholder of Pep Boys Manny, Moe & Jack has won a fight to add three members to the company's board of directors following a months-long, back-and-forth contest between the two parties. The settlement avoids competing slates of board candidates at Pep Boys' annual shareholder meeting in July.

Tags: boys fight biggest shareholder

 

Inhofe: Climate change fight really about global control

2015-06-11 17:54:00| Climate Ark Climate Change & Global Warming Newsfeed

Hill: Sen. James Inhofe (R-Okla.) told a conference of global warming skeptics Thursday that the fight against climate change is really about global control with little accountability. Inhofe, chairman of the Environment and Public Works Committee and an outspoken climate skeptic, said he agreed with former French President Jacques Chiracs statement that global warming is the first component of authentic global governance. The United Nations is the reason that this all came along. We all know...

Tags: change control global fight

 
 

Hedge fund, Samsung Group locked in fight over $8 billion merger

2015-06-11 06:54:54| Chemicals - Topix.net

U.S. activist hedge fund Elliott filed another injunction to block a proposed $8 billion merger of two key Samsung Group companies, escalating a conflict over a deal seen key to leadership transfer at South Korea's top conglomerate. Elliott said it had filed its second injunction with a South Korean court, this time to stop builder Samsung C&T Corp from selling treasury shares amounting to a 5.8 percent stake to KCC Corp in a bid to gain KCC's support for the proposed all-share takeover offer from Cheil Industries Inc. In a statement, Samsung C&T said the sale would defend shareholders against "an attack from a foreign hedge fund intended for a short-term trading profit".

Tags: group samsung fight fund

 

Hedge fund, Samsung Group locked in fight over $8 billion merger

2015-06-11 05:18:11| Semiconductors - Topix.net

U.S. activist hedge fund Elliott filed another injunction to block a proposed $8 billion merger of two key Samsung Group companies, escalating a conflict over a deal seen key to leadership transfer at South Korea's top conglomerate. Elliott said it had filed its second injunction with a South Korean court, this time to stop builder Samsung C&T Corp from selling treasury shares amounting to a 5.8 percent stake to KCC Corp in a bid to gain KCC's support for the proposed all-share takeover offer from Cheil Industries Inc. In a statement, Samsung C&T said the sale would defend shareholders against "an attack from a foreign hedge fund intended for a short-term trading profit".

Tags: group samsung fight fund

 

Hedge fund, Samsung Group locked in fight over $8 billion merger

2015-06-11 05:12:52| Electronics - Topix.net

U.S. activist hedge fund Elliott filed another injunction to block a proposed $8 billion merger of two key Samsung Group companies, escalating a conflict over a deal seen key to leadership transfer at South Korea's top conglomerate. Elliott said it had filed its second injunction with a South Korean court, this time to stop builder Samsung C&T Corp from selling treasury shares amounting to a 5.8 percent stake to KCC Corp in a bid to gain KCC's support for the proposed all-share takeover offer from Cheil Industries Inc. In a statement, Samsung C&T said the sale would defend shareholders against "an attack from a foreign hedge fund intended for a short-term trading profit".

Tags: group samsung fight fund

 

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