After Elon Musk's Delaware exit, state lawmakers weigh bill to overhaul corporate law
Many institutional investors, legal scholars and shareholders' attorneys have opposed the bill, arguing that it would harm ...
Delaware is trying to make nice again with corporations after Elon Musk's exit
Delaware's reputation as a business-friendly state has taken a hit. Musk and other corporate leaders have left Delaware for ...
Pershing Square to Sell $1.5 Billion of Universal Music Group Shares
Pershing Square Holding will sell $1.5 billion worth of Universal Music Group shares on the Euronext Amsterdam exchange.
Democrats Expected to Pass a Bill (Drafted by Elon’s Lawyers) That Threatens Your Retirement Fund
It's not enough to ruin the federal government. Musk doesn't think corporations should have to play by state rules, either.
Elon Musk tries again to get a $56 billion pay plan back as his revolt roils Delaware
Elon Musk made good on his promise to appeal a controversial decision by a Delaware judge who wiped out his $56 billion performance-based compensation plan as the Tesla CEO leads a revolt that is ...
Digital Music News on MSN2d
Pershing Square Sells Roughly $1.5 Billion In UMG Shares Ahead of US Secondary Listing — But Ackman’s Still Very, Very Bullish
Bill Ackman’s Pershing Square has raked in roughly $1.5 billion in the sale of a 2.7% stake in Universal Music Group ahead of ...
Elon Musk tries again in Delaware to get $65 billion back as his revolt roils that state
Elon Musk made good on his promise to appeal a controversial decision by a Delaware judge who wiped out his $56 billion performance-based compensation plan as the Tesla CEO leads a revolt that is ...
Trade tensions push European shares toward lowest dip in three months
European shares rose on Friday but were on track for their biggest weekly fall in three months, as escalating global trade ...
From Southwest to BP, Elliott and other activists are shaking up companies again
This week, Southwest Airlines announced that it would start charging its customers for checked bags. The move came after months of relentless pressure from hedge fund Elliott Management, which has ...
Los Angeles Times1d
Bill Ackman’s Pershing raises $1.4 billion in Universal Music Group stake sale
A group of Universal Music Group shareholders affiliated with billionaire Bill Ackman’s hedge fund Pershing Square raised more than $1.4 billion from the sale of a 2.7% stake in the world’s ...
Delaware lawmakers to consider legislation derided as a ‘billionaires’ bill’
Senate Bill 21, in its current form, defines what a controlling shareholder is within a Delaware registered company – and codifies various levels of scrutiny that constrains those controllers’ actions ...