Steven Davidoff Solomon writes for The New York Times, March 24, 2016
Starboard Value’s announcement that it has nominated a full slate of directors to replace the Yahoo board means one thing: The race is on to sell Yahoo.
Steven Davidoff Solomon writes for The New York Times, March 24, 2016
Starboard Value’s announcement that it has nominated a full slate of directors to replace the Yahoo board means one thing: The race is on to sell Yahoo.
Steven Davidoff Solomon writes for The New York Times, March 23, 2016
A Valeant director can be removed only by shareholders either acting at the annual meeting or by special resolution. And so Valeant is stuck, at least until its next annual meeting, which is likely to be in May.
Steven Davidoff Solomon writes for The New York Times, March 22, 2016
The acquisition raises all sorts of issues about takeovers and the responsibility to look out for the company itself.
Steven Davidoff Solomon writes for The New York Times, March 15, 2016
If SunEdison enters into bankruptcy, the autopsy will no doubt reveal a suicide, finding the solar energy company done in by financial engineering that was too clever and by a failure of its executives and investment bankers to remember the lessons of the financial crisis.
Steven Davidoff Solomon writes for The New York Times, March 10, 2016
The risks around the deal have increased. Energy Transfer’s stock has plummeted, and executives at the company are searching for a way out.
Steven Davidoff Solomon writes for The New York Times, March 8, 2016
In the real world of selling lemonade, it is even harder to depend on mercurial things like finding a distribution outlet for your product. In the case of Stand, all of this is complicated by the idea of trying to do good while also making a profit.
Steven Davidoff Solomon writes for The New York Times, March 1, 2016
In tenure voting, more votes are given to shareholders the longer they hold shares. … The award of more votes for a longer holding period is intended to empower those shareholders who stick with the company.
Steven Davidoff Solomon writes for The New York Times, Feb. 23, 2016
As growth slows at home, more and more Chinese companies are looking to do deals in the United States. And they are increasingly running smack into the American national security apparatus.
Steven Davidoff Solomon writes for The New York Times, Feb. 22, 2016
The announcement last week that the board is officially exploring “strategic alternatives”—code for a sale—and hiring advisers is confirmation that it is still stumbling, refusing to take a stand as its chief executive, Marissa Mayer, flounders.
Steven Davidoff Solomon writes for The New York Times, Feb. 16, 2016
The battle over Argentina’s debt is at the end stage, as the hedge funds and the country enter into negotiations to resolve the dispute. The hedge funds may claim victory, reaping billions of dollars on legal technicalities, but there are no real winners in this sorry affair.