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Shareholder Activism

Ackman Weighs In On Wachovia, Shorting Ban

Citigroup and Wells Fargo have declared a ceasefire in their battle to acquire Wachovia Corp., and William Ackman couldn’t be happier.


No Deal In Sight, Borders Issues Warrants To Ackman

With no buyer in sight, bookseller Borders Group has been forced to give an activist hedge fund an bigger say in its future.


Activist Calls Dover Motorsports ‘Lackadaisical Or Arrogant’

New York-based activist hedge fund Marathon Partners is driving Dover Motorsports’ management to do the only thing that it deems to make sense: sell.


Hedge Funds Fail To Block Barclays-Lehman Deal

A trio of hedge funds have lost their bid to block the sale of bankrupt Lehman Brothers Holdings’ North American investment banking group to Barclays.


CSX Capitulates In TCI Proxy Fight

Ending a long-running and ugly battle, U.S. railroad CSX Corp. will seat two director nominees whose victory over management candidates it had disputed.


Harbinger Denies Share Dump Rumors

Activist hedge fund Harbinger Capital Partners yesterday sought to shoot down rumors that it was liquidating some of its high-profile positions.


Zwirn Denies Tabloid Report On FCC Probe

It seems we have a failure to communicate about a failure to communicate.

D.B. Zwirn & Co. has denied the key allegations leveled against it by the former CEO of a company it lent $20 million to.


TCI, Atticus Double-Team Deutsche Börse

If Deutsche Börse thought its bruising battle with The Children’s Investment Fund would be its last hedge fund headache, TCI is back with some migraine-inducing news.


Failure To Communicate Could Cost Zwirn

Hedge funds have run afoul of many a regulator, but it is not often that they find themselves under investigation by the Federal Communications Commission.


Mining Co. Seeks Shareholder Support Against Hedge Fund

Mining company Cleveland-Cliffs Inc. is urging investors not to give an activist hedge fund effective veto power over a proposed acquisition that the hedge fund opposes.


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