Xerox Starts Tender Offer in Hostile Takeover Bid for HP

Xerox Starts Tender Offer in Hostile Takeover Bid for HP

Xerox Holdings Corp. has started a tender offer for all outstanding shares of HP Inc., escalating a battle for control of the personal computer giant that Xerox executives began considering almost 10 months ago. Xerox has pitched HP investors on a cash-and-stock offer...
The evolution of private equity provides strength in crises

The evolution of private equity provides strength in crises

As the march of COVID-19 out of Wuhan sparks a fright-or-flight response across the world economy and listed markets, long-term institutional investors must stay calm and focus on their endgame. With information changing hourly, public equity markets can price in fear...
Elliott Reaches Deal With Evergy to Add Two Seats to Board

Elliott Reaches Deal With Evergy to Add Two Seats to Board

Evergy Inc. reached a settlement with activist investor Elliott Management Corp. that includes appointing two new directors to the utility’s board. The agreement also includes the creation of a special committee to “explore ways to enhance shareholder value,” the...