From Reuters: 14:47 TARGET CORPORATION SHAREHOLDERS ELECT COMPANY’S DIRECTOR NOMINEES Supposedly the margin was over 70% voting for the Target (TGT) board, against Ackman and Pershing Square. We’ll see if the rest of my prediction comes true. Better luck next time, Bill. Read Also: Why Ackman Can’t Back Down No Market Recap Tonight…Thanks for reading…
Proxy Battles
Why Ackman Can't Back Down from Target Fight
Barron’s writer Andrew Bary gave voice to a question that is probably on many analysts’ and investors’ minds…what exactly is Bill Ackman‘s beef with Target (TGT)? The company has done just about everything right. Pershing Square‘s Ackman is basically barking up the wrong tree and I think I know why. He’s painted himself into a…
Behold the Power of the 13D
SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 SCHEDULE 13D Under the Securities Exchange Act of 1934 (Amendment No. –)* (Name of Issuer) …………………………………………………………………………………………………. (Title of Class of Securities) …………………………………………………………………………………………………. (CUSIP Number) …………………………………………………………………………………………………. (Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications) …………………………………………………………………………………………………. I plan to do a lot of posts…
Golden Age for Activist Investors? 'Bout Time!
“A lot of people die fighting tyranny. The least I can do is vote against it.” – Activist Carl Icahn, Texaco Annual Shareholder Meeting 1998 Could 2009 be a Golden Age for Activist Investors? Ken Squire wrote a pretty convincing case in Barron’s this week and I can only say that it’s about time. His…
