Hints and tips:
Related Special Reports
...Kang said even modest progress by activists at Samsung C&T’s annual meeting would have a “cascading effect”....
...Texas corporate law, it says, leans on Delaware doctrines and will not impede shareholder rights....
...A Delaware court recently struck down Elon Musk’s $56 billion Tesla pay package....
...Amid New Orleans festivities, rainmakers wonder if the party is over for Delaware Delaware, Inc. may be the enterprise now under the most intense activist threat....
...Varallo convinced a Delaware judge that Musk’s $56bn pay package at his electric-car company Tesla should be voided, landing a massive dent in the billionaire’s net worth (don’t worry, he’s still rich)....
...Separately, the Court of Chancery last year denied a customary “books and records” request from a shareholder probing how Disney had reacted to Florida’s “Don’t Say Gay” legislation....
...Bernstein also requested that it be allowed to freely sell the Tesla shares without a mandated holding period — for that concession, it said, it was willing to accept the lower 11 per cent fee....
...Their ways of working just don’t apply to Tesla, which is less a company and more the publicly traded division of a self-contained hysteria factory....
...But I’d be stunned if they didn’t ask for a fee, in whatever form, worth multiple billions of dollars.”...
...The Lee family controls tech giant Samsung Electronics through Samsung C&T and its complex cross-shareholding structure....
...The Delaware decision may change how Tesla’s board operates. “I think it won’t be rubber stamping [Elon’s wishes] any more,” said Philippe Houchois, auto analyst at Jefferies....
...“It doesn’t matter who owns it as long as they keep the aircraft business.”...
...A September study by Nasdaq chief economist Phil Mackintosh found that shorting activity hadn’t increased noticeably compared with earlier years....
...They don’t want to be told where to trade....
...After a successful debut, user interest hasn’t translated into a rising share price. But tech platforms like having users on board....
...While shares in Icahn Enterprises haven’t recovered and Icahn’s holding company’s net assets have continued to shrink because of hedging losses, the famed activist investor has marched on....
...“I think it won’t be rubber stamping [Elon’s wishes] any more.”...
...“It doesn’t do anybody any favours.” Those fees have gone up again. Delta Air Lines last week raised the price of checking in a first bag from $30 to $35....
...Valentino has changed hands numerous times since its first sale in 1998 for $300mn to Holding di Partecipazioni Industriali — an immensely attractive deal for the two men at a time when the brand wasn’t...
...Fast forward a few months and Hertz’s EV fleet isn’t going anywhere....
...With just 1.2bn people having an income above $12K a year, Apple is valued on an EV per pop of c$2,300, which requires c$800pp of annual spend, on the global equity strategy team’s calculations. 4....
...They just want to get their hands on its vast real estate holdings. Macy’s owns hundreds of its stores....
...Don’t mess with Texas but don’t mess with Delaware either. Ethan WuYeah, really don’t mess with Delaware....
...That doesn’t necessarily mean Tesla can’t come up with a massive new stock compensation plan to replace the one that has just been rejected....
...Sadly, the Sorrento case isn’t unique....
International Edition