Edition:
United Kingdom

Jessica DiNapoli

Saks Fifth Avenue plans expansion into bankrupt Barneys shop in Los Angeles

14 Feb 2020

Luxury department store operator Saks Fifth Avenue, owned by Canada's Hudson's Bay Co , is expanding into bankrupt fashion chain Barneys' Beverly Hills shop, people familiar with the matter said on Friday.

Proxy solicitor Morrow Sodali hires Schulman from MacKenzie

22 Jan 2020

BOSTON/NEW YORK Proxy solicitor Morrow Sodali this week hired Paul Schulman from rival MacKenzie Partners, a prominent shakeup in the tight-knit world of vote-counting for corporate battles.

Proxy solicitor Morrow Sodali hires Schulman from MacKenzie

22 Jan 2020

BOSTON/NEW YORK, Jan 22 Proxy solicitor Morrow Sodali this week hired Paul Schulman from rival MacKenzie Partners, a prominent shakeup in the tight-knit world of vote-counting for corporate battles.

Exclusive: Cyber security firm McAfee hires new CEO

16 Jan 2020

McAfee LLC told Reuters on Thursday it has hired Peter Leav, the former CEO of BMC Software, as its new CEO, replacing Chris Young, who created the cyber security company in its current form by carving it out of Intel Corp four years ago.

Activist investor Driver Management wants Community Bankers Trust to sell itself

13 Jan 2020

Driver Management Company LLC, an activist investor targeting U.S. banks, said on Monday it wanted Community Bankers Trust Corp , the holding company for Virginia community bank Essex Bank, to sell itself.

UPDATE 1-Hudson's Bay chairman considers sweetened bid for retailer

31 Dec 2019

Dec 31 Hudson's Bay Co Chairman Richard Baker and his partners have approached the retailer's minority stockholders, including bidding rival Catalyst Capital, to potentially raise their take-private bid, a source familiar with the matter said on Tuesday.

Exclusive: Hudson's Bay's take-private deal falls short - sources

14 Dec 2019

Saks Fifth Avenue owner Hudson's Bay Co has fallen short of securing enough shareholder support for a C$1.9 billion (1.11 billion pounds) deal to take the department store operator private, people familiar with the matter said on Friday.

Small U.S. companies slower to add female directors to their boards: study

11 Dec 2019

NEW YORK U.S. corporations with market capitalizations of less than $2 billion have been slower than larger companies to appoint more women to their boards of directors, according to an annual study from the National Association of Corporate Directors (NACD).

Hudson's Bay investor says will vote against take-private deal

11 Dec 2019

NEW YORK Hudson's Bay Co investor Ortelius Advisors LP said it will vote against the Saks Fifth Avenue owner's C$1.9 billion ($1.4 billion) take-private deal because of what the hedge fund views as lapses in the sales process.

World News