Here’s why Shake Shack’s recent deal with Engaged Capital may have fallen short for shareholders
Engaged Capital initially sought three board seats at the burger chain. Source link
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Hedge Funds
David Tepper’s Appaloosa hedge fund raises Uber stake, adds small bet on Cathie Wood’s innovation fund
Appaloosa dramatically increased its stake in Uber last quarter, while makin a small bet on Cathie Wood's flagship innovation fund.
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Ackman’s Pershing Square reveals new $1 billion bet on Alphabet
Bill Ackman's Pershing Square opened a giant new position in Alphabet during the first quarter. Source link
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Impactive takes a stake in Clarivate and sets the tone for activism in the post-SPAC world
Impactive’s latest engagement with Clarivate shows how activists can seek potential in fallen SPAC stocks. Source link
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Ubben’s Inclusive sees opportunity to boost value at Dutch chemical maker and help the environment
Inclusive Capital recently sent a letter to Nassef Sawiris, executive chairman at OCI. The firm wants OCI’s board to seek
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March’s banking chaos gave short sellers their biggest profits since the financial crisis
Short sellers were sitting on more than $7 billion in profit from the mass sell-off of bank shares last month,
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D.E. Shaw spots an opportunity to boost margins at FleetCor – and do so amicably
D.E. Shaw & Co. isn’t an activist investor, but it’s found a way to collaborate with FleetCor to improve the
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Bond Traders Trim Bearish Turkey Bets on Possible Erdogan Defeat
Bond investors with bearish bets on Turkey are reassessing their views as a tightly contested election campaign threatens an end
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Turkey’s Erdogan Blames Rate Hikes for Market Turbulence in West
Turkey’s Erdogan Blames Rate Hikes for Market Turbulence in West Bloomberg Erdoğan to slash Turkey’s energy bills ahead of tough election Financial
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