Tag Archives: takeover

Corvex Is At It Again, Targeting Another REIT. This Time: CommonWealth REIT, Tag, You’re It

Corvex and Related team up to take on CommonWealth, and it is getting messy. When we last checked in on Corvex Management (run by a former Icahn protégé), it was busy creating some shareholder value at Corrections Corporation of America … Continue reading

Posted in Activist Investor, Corvex Management, Hedge Funds, Lawsuit, M&A, Shareholder Rights | Tagged , , , , , , , , , , , , , , , , , , , , | Leave a comment

Starboard Value Nudges Office Depot To Create Some Shareholder Value. In Totally Unrelated News, Office Depot to Merge With OfficeMax.

On September 18, 2012, we reported that Starboard Value was having a shredding party with Office Depot (ODP), announcing it owned over 13% of its shares and telling them how to run their business.  ODP closed at $2.59/share that day.  … Continue reading

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Skullcandy Hires “Experienced” Guy As CFO, Not Previously Affiliated With The Beatles. Buy Why? AARP Approves, Will Investors? Will Potential Acquirors?

Skullcandy (SKUL) went public about 14 months ago with one of the coolest prospectus covers we’ve ever seen.  They must have spent a fortune on printing in that offering.* When a cool, hip company like Skullcandy goes public at $20 … Continue reading

Posted in IPO | Tagged , , , , , , , , , , , | 8 Comments

Oh Boy! Office Depot In Play? WWDMD (What Would Dunder Mifflin Do)?

Activist investor Starboard Value jammed Office Depot’s printer with its notice that it owns over 13% of the shares of the common stock of ODP, the home of office supply savings (60% off of store brand printer ink as we … Continue reading

Posted in Starboard Value | Tagged , , , , , , , , , , , , | 21 Comments

Big Time Hedge Fund Guy, George Soros, Buys Big Part of Manchester United (MANU) Through Offshore Company. GOOOOAAAAALLLL!!!!

As of August 9, 2012, Quantum Partners LP, a Cayman Islands [Ed.:  Spooooky offshore jurisdiction!] exempted limited partnership, filed a statement with the SEC disclosing that it owns 7.85%, or 3,114,588 shares, of Manchester United plc (NYSE:MANU), the company that owns … Continue reading

Posted in Manchester United | Tagged , , , , , , , , | 3 Comments