Hints and tips:
...Arkhouse Management has launched a proxy fight to take control of the board after Macy’s rejected its unsolicited $5.8bn take-private offer....
...BPY’s core property portfolio contains almost 200mn gross square feet of office and retail space, in about 200 locations....
...Union Square Advisors, a tech-focused investment bank, has appointed Michael Meyer to the newly created role of chief executive. He will also continue to be head of capital markets....
...Leading the charge is Bill Ackman, the Harvard alumnus and hedge fund billionaire who after abandoning the use of aggressive campaigns at his Pershing Square Capital Management has been invoking his flair...
...It has teamed up with Optimum Asset Management to raise a €500mn real estate fund....
...Apollo Global Management’s Marc Rowan called it a “worldwide phenomenon”, and Ares Management’s Michael Arougheti sees “risk-reward characteristics that are as favourable as we’ve seen in many years”....
...The use of data-led analytics, he adds, also plays into the hands of large management consultancies such as Accenture that are also offering marketing services as part of their offer to corporate clients...
...Banks underwriting $3.7bn of loans and bonds to fund the buyout of healthcare company Syneos Health by Elliott Management, Veritas Capital and Patient Square Capital, also received strong demand....
...It signed the lease for the unbuilt 970,000-square-foot space seven years ago....
...The buyer’s management gets to run a bigger company, meaning more money and more power....
...The service works with payment service providers including Stripe, Adyen, and Square....
...Goldman Sachs Asset Management’s co-president of alternatives Mike Koester is retiring at the end of April after 25 years at the firm....
...Securities and Exchange Commission is looking into Melvin Capital Management risk controls and investor disclosure after the hedge fund was crippled by the meme-stock rally last year, said people familiar...
...Back in January, Bill Ackman’s Pershing Square Holdings sent this letter to investors: Dear Pershing Square Investor, Beginning on Friday and over the last several days, we acquired more than 3.1 million...
...The pressures have also hit more well-established companies like PayPal and Block — formerly known as Square — which have shed almost $300bn in market cap between them this year....
...Pershing Square declined to comment....
...Bill Ackman’s Pershing Square disclosed a stake in the business in August 2019 but sold out less than a year later....
...On a warm Arkansan evening, a jazz quartet has drawn a crowd outside Walton’s five and dime in the main square....
...Management said that this, and the fall in pre-tax profits by a third, was due to strong comparatives. But this doesn’t inspire confidence as the sector outlook becomes more uncertain....
...Herskowitz praised Alexandria’s work at not only seeding such companies through its own venture capital arm, but also pairing them with other sources of funding and experienced management teams....
...Join the Financial Times, in collaboration with Ignites and FundFire, on September 28-29 for our Future of Asset Management North America summit at the Westin Times Square and online....
...However, in one of the most unusual corporate battles in recent memory, there will be no Aerojet slate at a June 30 meeting as two rival factions, each with four members of the eight-person board, square...
...Citing recent polling from the Society for Human Resource Management, she added: “Even if we don’t see dozens of public statements from companies in the next 24 hours, we do know they were readying their...
...Delysium / KUROSEMI INC. ??? Orderly ??? Sui Token Warrant ???...
...By midday on Wednesday, Pershing Square had unwound most of the hedge....
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