Games
fromFortune
2 days agoGameStop making $56 billion offer to acquire eBay, WSJ says | Fortune
GameStop proposes a $56 billion takeover of eBay, offering $125 per share and securing $20 billion in financing.
#proxy-fight
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#mergers--acquisitions #activist-investor #warner-bros-discovery #lululemon #corporate-governance #gamestop
fromVulture
3 months agoParamount Is Suing Warner Bros. Over the Netflix Deal
WBD has failed to include any disclosure about how it valued the Global Networks stub equity, how it valued the overall Netflix transaction, how the purchase price reduction for debt works in the Netflix transaction, or even what the basis is for its 'risk adjustment' of our $30 per share all-cash offer,
Business
fromwww.mediaite.com
3 months agoParamount Sues Warner Bros Over $75 Billion Netflix Deal
Paramount filed a lawsuit against Warner Bros Discovery on Monday, suing for disclosures and preparing a proxy fight as it seeks to derail the media group's proposed sale of its studio and streaming assets to Netflix. Filed in Delaware Chancery Court, the lawsuit asks the court to compel WBD to provide disclosure to enable WBD shareholders to make informed decision on tendering their shares before its offer expires on January 21.
Business
fromFast Company
4 months agoLululemon founder adds three new board members
Lululemon Athletica's founder Chip Wilson said on Monday he had launched a proxy fight by nominating three independent directors to the company's board, just over two weeks after the apparel maker announced the exit of CEO Calvin McDonald without a clear successor. Lululemon shares have shed nearly half their value this year as the company struggles to find its footing with younger and affluent shoppers, while battling stiff competition from fast-growing newer rivals such as Alo Yoga and Vuori,
Business
Business
fromBusiness Insider
4 months agoMeet Lululemon founder Chip Wilson, who just launched a proxy fight to shake up the athleisure giant's board
Chip Wilson founded Lululemon, propelled the athleisure trend, faced controversies that led to his ouster, remained wealthy, and initiated a proxy fight against the board.
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