Victor Golmer/iStock Editorial via Getty Images Grifols (NASDAQ:GRFS) announced Friday that its board of directors unanimously adopted a series of measures to facilitate a possible go-private transaction involving its founding family and asset manager, Brookfield Fund. After a meeting of its board members, the company said it decided to appointContinue Reading
A major shareholder of Vista Outdoor (NYSE:VSTO) is urging the company’s board to accept the MNC Capital acquisition offer of $42 per share for the entire company and reject the offer from Czechoslovak Group (CSG) to buy The Kinetic Group for $2.1B, or $21 per share, as the MNC priceContinue Reading
bill oxford/iStock via Getty Images LL Flooring (NYSE:LL) surged 17% after holder F9 Investments said that its three nominees were added to the board. All three F9 nominees, Tom Sullivan, Jason Delves, and Jill Witter, were elected to the board at the annual meeting based on preliminary voting results, accordingContinue Reading
Justin Sullivan/Getty Images News Apple (NASDAQ:AAPL) is apparently receiving an observer role position on OpenAI’s board of directors, according to a report Tuesday afternoon by Bloomberg, which cited anonymous sources close to the situation. The position is going to Phil Schiller, a 30-year Apple veteran who currently leads the AppContinue Reading
Panama7 Logitech International’s (NASDAQ:LOGI) founder is pushing for the company’s chair Wendy Becker to be replaced. Logitech founder Daniel Borel wants to replace Becker with Guy Gecht as chair at the company’s annual meeting in September as he’s looking for a board member with more tech industry experience, according toContinue Reading
JHVEPhoto/iStock Editorial via Getty Images Starboard Value, which has accumulated a $500M stake in Autodesk (NASDAQ:ADSK), continues to call out issues it has with the current Board of Directors of the design software company. “We are writing to you today to highlight shareholders’ disappointment and dissatisfaction with Autodesk’s wholly inadequateContinue Reading
Joe Raedle/Getty Images News Goldman Sachs (GS) said Monday that Hess (NYSE:HES) CEO John Hess has joined its board as an independent director, and will become a member of the Goldman board’s compensation, governance and risk committees. Hess has served since 1995 as the family-run company’s top executive, but plansContinue Reading
da-kuk/E+ via Getty Images Update 2:55pm: Adds Bitfarms response, updates shares. Riot Platforms (NASDAQ:RIOT) withdrew its $2.30 a share offer for Bitfarms (NASDAQ:BITF) and is now seeking three board seats as it pursues a takeover of the bitcoin miner. Riot, which made a $950 million offer for the smaller bitcoinContinue Reading
Shares of cryptocurrency stocks are on the decline premarket Monday as the price of Bitcoin has declined more than 4% in the past 24 hours. The leading cryptocurrency is currently trading at $61,159.6. Over the last seven days, Bitcoin has declined by almost 7%. The Bitcoin price fell on Monday,Continue Reading
