In the Margins
Activist hedge fund Starboard Value LP launched a proxy fight on Thursday to remove the entire board of Yahoo Inc., including CEO Marissa Mayer. Starboard, which owns about 1.7% of Yahoo, has been pushing for changes at the company since 2014; the hedge fund said in a letter to Yahoo shareholders that it would nominate nine candidates for the board. Read original stories from Reuters, Mashable, Fortune, USA Today, and The Wall Street Journal.
Most Read
The Investment Company Institute this week made public a set of recommendations to reform and modernize the Investment Company Act of 1940, which has not been ...
Securities brokerage firms are a critical part of the financial landscape, as they provide a vast array of products and services to the financial services industry, ...
The percentage of female independent directors serving on mutual fund boards has increased impressively in recent years, jumping from about 20% 10 years ago to nearly 40% ...
As mutual fund boards prepare for their next quarterly meetings over the coming weeks, they likely are gathering talking points on several of President Trump's initiatives ...