tag:blogger.com,1999:blog-44918359418742182432009-11-14T22:31:35.222-05:00The Definitive Source For Activist Shareholder Information <br> Administered and Moderated by Hedge Fund Solutions LLC <br> <b>www.hedgerelations.com </b> <br>Damien Park (e) dpark@hedgerelations.com (t) 215-325-0514Hedge Fund Solutionshttp://www.blogger.com/profile/18274668922930334015dpark@hedgerelations.comBlogger118125tag:blogger.com,1999:blog-4491835941874218243.post-3296332978933462242009-11-12T17:16:00.003-05:002009-11-12T17:36:55.258-05:00

NASDAQ OMX, Dow Jones cordially invite you to attend a one-day seminar designed to help Directors stay on top of the most challenging issues facing corporate Board members in 2010.The High-Performance Director: Navigating 2010Friday, December 11, 2009The Metropolitan Club1 East 60th Street New York, NY7:00 a.m. – Registration7:30 a.m. – Breakfast8:00 a.m. to 4:45 p.m. – Panel DiscussionsOur

Hedge Fund Solutionshttp://www.blogger.com/profile/18274668922930334015dpark@hedgerelations.com0tag:blogger.com,1999:blog-4491835941874218243.post-69419697496554292962009-11-12T16:57:00.005-05:002009-11-12T17:08:50.908-05:00

Below is a summary list of 37 companies targeted by 37 shareholder activists during October.This information was extracted from Hedge Fund Solutions' Catalyst Equity Research Report(TM), a free in-depth weekly research on activist investments.Click Here to subscribe to the FREE report.This report is sponsored by a number of firms with expertise in the activist investing space.Investment Banking:

Hedge Fund Solutionshttp://www.blogger.com/profile/18274668922930334015dpark@hedgerelations.com0tag:blogger.com,1999:blog-4491835941874218243.post-49256493572662769852009-11-02T09:43:00.002-05:002009-11-02T09:49:25.247-05:00

Steel Partners announced today that they have delivered the requisite number of written consents (more than 50% of outstanding shares) to pass all the proposals they made under their consent solicitation. The proposals included the removal of Adaptec's CEO and one other member from the board of directors and the reduction in the size of the board from 9 to 7 members. Steel now effectively

Hedge Fund Solutionshttp://www.blogger.com/profile/18274668922930334015dpark@hedgerelations.com0tag:blogger.com,1999:blog-4491835941874218243.post-15952141660946379092009-11-01T09:29:00.002-05:002009-11-01T09:39:03.920-05:00

The NY Times did a story on Shamrock Activist Value Fund's successful campaign to replace three Directors on the board of Texas Industries a couple weeks ago.When Shareholders Crack the WhipBy GRETCHEN MORGENSONIN a promising show of force by a company’s owners, three directors at Texas Industries, a construction materials maker with almost $850 million in sales, got the boot last week. Taking

Hedge Fund Solutionshttp://www.blogger.com/profile/18274668922930334015dpark@hedgerelations.com0tag:blogger.com,1999:blog-4491835941874218243.post-50889499351975039762009-10-28T13:43:00.004-04:002009-10-28T14:18:46.335-04:00

On October 27th the SEC issued a Staff Legal Bulletin providing guidance for companies and shareholders on risk and succession planning. Shareholder Proposals Related to RiskIn the past, the SEC had determined that shareholder proposals relating to the evaluation of risk could be excluded from a company's proxy materials because the SEC believed the matter was related to a company's ordinary

Hedge Fund Solutionshttp://www.blogger.com/profile/18274668922930334015dpark@hedgerelations.com0tag:blogger.com,1999:blog-4491835941874218243.post-69730333191929869932009-10-26T09:09:00.003-04:002009-10-26T10:15:14.459-04:00

According to an article in today's WSJ, HealthSouth Corp. will become the first US business to reimburse activist investors' "reasonable expenses" if they are successful in replacing Company Directors through proxy contests.Click here to read the article.In their press release, HealthSouth stated, "HealthSouth believes there is a close correlation between good governance and good performance,"

Hedge Fund Solutionshttp://www.blogger.com/profile/18274668922930334015dpark@hedgerelations.com0tag:blogger.com,1999:blog-4491835941874218243.post-82528933061506972062009-10-14T13:32:00.002-04:002009-10-14T14:04:04.319-04:00

Below is a summary list of 28 companies targeted by 33 shareholder activists during September.This information was extracted from Hedge Fund Solutions' Catalyst Equity Research Report(TM), a free in-depth weekly research on activist investments.Click Here to subscribe to the FREE report.This report is sponsored by a number of firms with expertise in the activist investing space.Legal Advisers:

Hedge Fund Solutionshttp://www.blogger.com/profile/18274668922930334015dpark@hedgerelations.com0tag:blogger.com,1999:blog-4491835941874218243.post-89183321866816025382009-10-05T12:47:00.004-04:002009-10-05T12:55:27.752-04:00

Excerpt from Commissioner Walter's speech 48th Annual Corporate Counsel's InstituteNorthwestern University School of LawChicago, IllinoisOctober 2, 2009...We received over 500 detailed and thoughtful comment letters that in the aggregate (and in some cases individually) address the over 100 questions we asked in our proposing release. And yes, we are, as always, carefully reading all of these

Hedge Fund Solutionshttp://www.blogger.com/profile/18274668922930334015dpark@hedgerelations.com0tag:blogger.com,1999:blog-4491835941874218243.post-74955188892793963922009-10-02T13:25:00.002-04:002009-10-02T13:31:20.728-04:00

We understand that SEC Commissioner Elise Walter has confirmed at a Northwestern Conference that the SEC will delay Proxy Access until 2010, but will cover disclosure of qualifications and risks this year. Stay tuned for more.

Hedge Fund Solutionshttp://www.blogger.com/profile/18274668922930334015dpark@hedgerelations.com0tag:blogger.com,1999:blog-4491835941874218243.post-15460808553157812102009-10-01T11:20:00.002-04:002009-10-01T11:36:34.291-04:00

By David Walker Of FINANCIAL NEWSActivist hedge fund investors, whose strategy was one of the worst hit in the financial crisis, have achieved a sharp turn round in performance in recent months, and are now heading for their best year on record. Although some activists have continued to lose money, the average fund returned 29.23% in the eight months to the end of August, according to the latest

Hedge Fund Solutionshttp://www.blogger.com/profile/18274668922930334015dpark@hedgerelations.com0tag:blogger.com,1999:blog-4491835941874218243.post-41425009749946077942009-09-20T16:11:00.002-04:002009-09-20T16:32:07.012-04:00

Shareholder Activism & CEO PayAugust 2009Yonca Ertimur, Duke UniversityVolkan Muslu, University of Texas at DallasFabrizio Ferri, NYU – Stern School of BusinessThe Paper is Available HereWealth Effects of Hedge Fund Activism(Interesting study on effects to bondholders)June 2009Hadiye Aslan, University of HoustonHilda Maraachlian, University of HoustonThe Paper is Available HereLiquidity and

Hedge Fund Solutionshttp://www.blogger.com/profile/18274668922930334015dpark@hedgerelations.com0tag:blogger.com,1999:blog-4491835941874218243.post-80084986002691304862009-09-20T15:53:00.002-04:002009-09-20T16:05:48.177-04:00

Proxy Governance, Inc. released data on September 19 that revealed close to 10% of unopposed director nominees had at least 20% of shares voted against them, or withheld, in 2009. This is up from 5.5% in 2008.The report also lists 50 companies where at least one director failed to obtain majority support.Click here to read the summary data and list of companies.

Hedge Fund Solutionshttp://www.blogger.com/profile/18274668922930334015dpark@hedgerelations.com0tag:blogger.com,1999:blog-4491835941874218243.post-4787908275471285652009-09-20T15:48:00.003-04:002009-09-20T15:53:11.402-04:00

Below is a summary list of 29 companies targeted by 33 shareholder activists during August.This information was extracted from Hedge Fund Solutions' Catalyst Equity Research Report(TM), a free in-depth weekly research on activist investments.Click Here to subscribe to the FREE report.This report is sponsored by a number of firms with expertise in the activist investing space.Legal Advisers:

Hedge Fund Solutionshttp://www.blogger.com/profile/18274668922930334015dpark@hedgerelations.com0tag:blogger.com,1999:blog-4491835941874218243.post-68451461874060482462009-09-10T11:48:00.004-04:002009-09-10T12:02:10.120-04:00

FOR IMMEDIATE RELEASEResearch Uncovers Fundamentally Solid Companies With A Value Investment Catalyst Driven By Activist InvestorsPress ReleasePhiladelphia, PA (PRWEB) September 10, 2009 -- Hedge Fund Solutions LLC a leading investment research and strategy consulting firm focused exclusively on issues involving shareholder activism, has launched Catalyst Investment Research™. This new investment

Hedge Fund Solutionshttp://www.blogger.com/profile/18274668922930334015dpark@hedgerelations.com0tag:blogger.com,1999:blog-4491835941874218243.post-77571815367979794242009-09-10T11:15:00.002-04:002009-09-10T11:42:56.537-04:00

Below is an updated agenda and list of confirmed conference speakers.IMN’s Hedge Fund Activism and Shareholder Value Summit brings together hedge funds, private equity firms and public pension funds together with corporate executives and board members, investment banks, asset managers, securities litigation firms, corporate law firms, advisory firms, and proxy solicitors for two days of

Hedge Fund Solutionshttp://www.blogger.com/profile/18274668922930334015dpark@hedgerelations.com0tag:blogger.com,1999:blog-4491835941874218243.post-57043328513892180462009-08-28T16:07:00.003-04:002009-08-28T16:28:10.197-04:00

Schulte Roth & Zabel, a leading legal advisory firm counseling on complex issues relating to shareholder activism today issued their Activist Investing Developments newsletter for summer 2009.Download the newsletter hereThe paper discusses three important issues to companies and investors, and includes: (1) The SEC's proposed Proxy Access Rules;(2) SEC enforcement actions relating to 13D filings;

Hedge Fund Solutionshttp://www.blogger.com/profile/18274668922930334015dpark@hedgerelations.com0tag:blogger.com,1999:blog-4491835941874218243.post-3711373916697885632009-08-25T13:48:00.007-04:002009-08-25T15:12:00.495-04:00

Microblogs on Value Investing and Shareholder ActivismThe Hedge Fund Solutions Twitter profile is now active. HFS will use Twitter to broadcast breaking news and updates in the activist investment world as well as to notify followers of new research and blog postings.To follow, please click on the Twitter icon or go to: http://twitter.com/activistinvest

Hedge Fund Solutionshttp://www.blogger.com/profile/18274668922930334015dpark@hedgerelations.com0tag:blogger.com,1999:blog-4491835941874218243.post-87274990454102698392009-08-25T11:26:00.005-04:002009-08-25T12:46:47.544-04:00

The NIRI Southwest conference in San Antonio recently hosted a unique learning experience for its attendees. Over 100 participants intensively played out a case study that profiled an activist investor pressuring a trouble company for strategy change and board representation.The objective of the case study was to provide corporate Investor Relations officers with an action learning experience

Hedge Fund Solutionshttp://www.blogger.com/profile/18274668922930334015dpark@hedgerelations.com0tag:blogger.com,1999:blog-4491835941874218243.post-59533165642677590022009-08-05T13:24:00.003-04:002009-08-05T13:32:37.107-04:00

Below is a summary list of 27 companies targeted by 30 shareholder activists during July.This information was extracted from Hedge Fund Solutions' Catalyst Equity Research Report, a free in-depth weekly research on activist investments.Click Here to subscribe to the FREE report.This report is sponsored by a number of firms with expertise in the activist investing space.Legal Advisors: Olshan

Hedge Fund Solutionshttp://www.blogger.com/profile/18274668922930334015dpark@hedgerelations.com0tag:blogger.com,1999:blog-4491835941874218243.post-6322119102154542652009-07-29T13:04:00.003-04:002009-07-29T16:16:03.967-04:00

Special Discount Offered to readers of The Official Activist Investing Blog.(see registration information below for details)IMN’s Hedge Fund Activism and Shareholder Value Summit brings together hedge funds, private equity firms and public pension funds together with corporate executives and board members, investment banks, asset managers, securities litigation firms, corporate law firms,

Hedge Fund Solutionshttp://www.blogger.com/profile/18274668922930334015dpark@hedgerelations.com0tag:blogger.com,1999:blog-4491835941874218243.post-75075311455226586202009-07-24T12:20:00.003-04:002009-07-24T12:27:46.900-04:00

Activist investors eye smaller preyBy Sam Jones and Lina SaigolJuly 23 2009Activist investors may have waged more battles this year than ever before, but the size of the companies they are taking on is vastly smaller, according to new research.So far this year, there has been a 27 per cent increase in proxy battles, according to RiskMetrics, a leading shareholder consultancy. The average market

Hedge Fund Solutionshttp://www.blogger.com/profile/18274668922930334015dpark@hedgerelations.com0tag:blogger.com,1999:blog-4491835941874218243.post-14373587383506205552009-07-22T12:14:00.005-04:002009-07-29T16:19:35.632-04:00

Below is a summary list of 44 companies targeted by 46 shareholder activists during June.This information was extracted from Hedge Fund Solutions' Catalyst Equity Research Report, a free in-depth weekly research on activist investments.Click Here to subscribe to the FREE report.This report is sponsored by a number of firms with expertise in the activist investing space.Legal Advisors: Olshan

Hedge Fund Solutionshttp://www.blogger.com/profile/18274668922930334015dpark@hedgerelations.com0tag:blogger.com,1999:blog-4491835941874218243.post-72377419166478163372009-07-22T11:50:00.005-04:002009-07-22T12:11:47.307-04:00

This investment catalyst has been building since January 8 2009 when Steel Partners II first announced their intention to convert their hedge fund into a publicly-traded holding company. Following months of litigation with several investors seeking to block the restructuring, Steel was granted Court approval to move forward with the plan on June 19. As a result, on July 15, Steel Partners

Hedge Fund Solutionshttp://www.blogger.com/profile/18274668922930334015dpark@hedgerelations.com0tag:blogger.com,1999:blog-4491835941874218243.post-4097348558761762832009-06-16T15:12:00.002-04:002009-06-16T16:22:39.814-04:00

Broc Romanek, Editor of TheCorporateCounsel.net Blog has done a nice job of compiling ten developments that he believes will lead to more heated online shareholder activism campaigns next year.1. First Use of Live Internet Voting - In his "IR Web Report," Dominic Jones brought us the news (and analysis) that Intel decided to tackle the challenges of allowing for "live" voting online at its annual

Hedge Fund Solutionshttp://www.blogger.com/profile/18274668922930334015dpark@hedgerelations.com0tag:blogger.com,1999:blog-4491835941874218243.post-78293447872940743892009-06-15T15:41:00.002-04:002009-06-15T15:46:50.811-04:00

The hotly-anticipated draft proxy access rules finally landed on the SEC website last week. Nothing new relative to the ones announced in the earlier press release, but still radical all the same.You can submit comments to the SEC in a variety of ways, including email or the US Postal Service. It appears the easiest is on their comment webpage for this particular release.Posted by Mike Levin,

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