Hints and tips:
...The US entertainment giant has defeated a challenge to its board from activist investor Peltz, handing a definitive victory to chief executive Bob Iger and ending one of the most expensive and closely watched...
...“Disney is stupid because I’m not trying to fire [chief executive] Bob Iger, I want to help him,” he says, unsolicited. “We don’t fire CEOs.”...
...But even the most feared corporate raiders sometimes have to admit defeat....
...In order to do so, it is using a strategy that has long been a go-to for Wall Street’s boardroom raiders: a proxy battle....
...Major League Baseball has given the greenlight for the Oakland Athletics to move to Las Vegas in 2028, following the same path the Raiders NFL franchise took in 2020....
...Now, many of the same titans of media and finance who joined the party and poured about $1.5bn into Vice over the years — the Murdochs, Disney’s Bob Iger, Sir Martin Sorrell and others — have been left with...
...Now, as corporate raider Nelson Peltz comes banging at the castle gates, the entertainment group is determined to paint him as the villain. But reality is never as clear-cut....
...He led Paramount Pictures in the 1970s and 1980s, producing blockbuster films including Grease and Raiders of the Lost Ark, before building up Fox Broadcasting for Rupert Murdoch’s News Corp....
...Lessons from an Italian industrialist-turned-raider Leonardo Del Vecchio’s reputation as one of Europe’s fiercest industrial tycoons preceded him well into his 80s....
...“The company was on hard times,” he says, recounting how in 1984 the board fended off an attack from a corporate raider they feared would break Disney up and sell it off in parts....
...The company also said its chief executive Bernard Looney and his predecessor Bob Dudley would step down from the Rosneft board....
...“WTF Bob?!?”...
...For example, while private equity was once known as an industry where corporate raiders used a slash-and-burn approach to costs, its value creation model — based on improving the performance of portfolio...
...On its 35th floor is a space that feels like the map room from Raiders of the Lost Ark....
...including a drop in operating profits since listing, bad decisions to cut costs and to pay out dividends when financing costs hit £289m, and a late-night physical altercation involving its former chairman Bob...
...It would be foolish to dismiss the Wall Street raider lightly. He is formidable and has a fan club of UK investors. He vaulted on to the board of Foreign & Colonial, a UK-listed fund manager, in 2011....
...Bob Diamond, the architect of that expansion, became chief executive in 2011 only to be ousted less than 18 months later — a casualty of the bank’s role in the Libor scandal....
...However, there is plenty that some ruthless Wall Street raider could do on both fronts. The Bronte remedy starts with firing the founder, Jack Dorsey, and concludes: “Carl Icahn — Twitter needs you.”...
...She also represented the star of such films as Girl, Interrupted and Lara Croft: Tomb Raider during her divorce from fellow actor Billy Bob Thornton....
...Raiders combine to build a stadium in Carson, California, near the port of Long Beach....
...Mr Hancock, who took the reins from Bob Benmosche, has reshuffled what he argued was a fractured corporate structure....
...The internet and email makes it a lot easier to pick up raiders using friends and family to duck obligations and the panel has statutory powers to subpoena evidence....
...Assailed by activists, many companies are entering settlement talks and agreeing to give them board seats, as Hertz did last week with corporate raider Carl Icahn....
...Targets have included Home Depot, the DIY retailer, where Mr Whitworth eventually helped to force out chief executive Bob Nardelli, and the biotech firm Genzyme, which was eventually sold to Sanofi....
...“People claim he has a cool exterior but he’s a very passionate guy and he stands up for what he believes in,” says Bob Iger, Walt Disney chief executive and Apple board member since 2011....
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