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Crown Castle Founder Alleges Entrenchment Bid In Del. Suit

Law 360 M&A

sued the Texas company Wednesday in Delaware's Court of Chancery, seeking to invalidate a cooperation agreement between its board and activist investor Elliott Investment Management LP. The co-founder of cell tower operator Crown Castle Inc.

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Ex-Citrix Chief Hit With Class Action Over $16.5B Sale

Law 360 M&A

stockholders accused the company's former CEO and chairman Robert M. billion sale of the cloud software company to Vista Equity Partners Management LLC and Elliott Investment Management LP affiliate Evergreen Coast Capital Corp. A proposed class of former Citrix Systems Inc.

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Elliott Slams Crown Castle For 'Profound Lack Of Oversight'

Law 360 M&A

Activist investor Elliott Investment Management LP on Monday took a jab at telecommunications company Crown Castle Inc.,

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Wachtell-Led Salesforce Avoids Proxy Fight With Elliott

Law 360 M&A

Software giant Salesforce, guided by Wachtell, has narrowly avoided a potential proxy contest with activist investor Elliott Investment Management LP, with the two companies announcing on Monday that Elliott no longer plans to nominate board directors at Salesforce's upcoming annual meeting.

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SEC Commissioner Peirce Declines to Support Final Rules on Beneficial Ownership

Reynolds Holding

3] Of particular concern are rules that prevent someone who has worked hard to identify a mismanaged company and develop a strategy for improving it from getting adequately compensated for that work and the associated risk. [4] And if investors pare back their monitoring of companies, other investors and the broader economy could suffer.