The company is facing a proxy battle from a disgruntled shareholder that wants to put its own slate of directors up for a shareholder vote.

PENN Entertainment's stock has plummeted nearly 85% since its peak in 2021, due to two failed attempts to capitalize on the ...

For some firms that lose an auction to acquire a company, plan B is to blow up the auction altogether, wait for chaos to ...

Activist investment firm Starboard Value has launched a proxy battle with pharmacy supplier Kenvue, running a slate of four board nominees including Starboard head Jeff Smith.

Air Products lost the proxy fight against Mantle Ridge after shareholders handed victory to the activist investor which had been pushing the company to replace its 80-year-old chief, by electing three ...

The world's largest mattress supplier and manufacturer said its Mattress Firm, Dreams and Tempur Sealy businesses will operate as decentralized units under the Somnigroup umbrella after the name ...

Texas Attorney General Ken Paxton (R) is weighing a primary challenge to Sen. John Cornyn (R) in what could be the next ...

Health-care companies rose after strong earnings from one major drug maker. Novo Nordisk shares rose sharply after the Danish obesity-drug maker posted fourth-quarter Ozempic sales of $4.71 billion, ...

Activist Third Point recently wrote a letter to Soho House, calling on the company’s board to ensure a fair sales process for the company.

Unionized employees want to change the storied retailer's direction. But they'll have to get through the "member-elected" ...

Minnesota Democratic Party Chairman Ken Martin has been elected chairman of the Democratic National Committee.

There is no cavalry coming. Elected officials, governors, civil servants and people sitting at home are the only ones who can ...