Wednesday, 17 December 2014
Last updated 6 hours ago
Sep 11 2013 | 10:20am ET
Southeastern Asset Management, until recently Carl Icahn's partner in his effort to sink Dell Inc.'s $24.8 billion buyout, has a new target: Rupert Murdoch's media empire.
Southeastern has taken an 11.9% stake in News Corp., it said, yesterday. The firm's $397 million holding makes them News Corp.'s second largest shareholder behind Murdoch, who owns 39% of the company.
News Corp. owns, among many other things, The Wall Street Journal, New York Post, London's The Times and The Sun, publisher HarperCollins and Fox Broadcasting.
Dec 1 2014 | 10:21am ET
As 2014 winds down, Northern Trust Hedge Fund Services executives took some time to share their outlook on trends facing the industry in 2015. Read more…
Jeff Sprecher was simply looking for a platform to trade energies when launching ICE 14 years ago but it has grown to reach the pinnacle of both the listed futures and equities world.