News by subject: SHA

Canadian Western Bank (CWB) today announced its intention to redeem all outstanding $250 million 3.668% Series F Subordinated Debentures (Non-Viability Contingent Capital (NVCC)) due June 11, 2024 for 100 per cent of their principal amount plus...

Kimmeridge, an alternative asset manager focused on the energy sector and the largest shareholder of SilverBow Resources...

Details Crown Castle Board's Track Record of Poor Judgement, Resulting in Years of TSR and Stock Price Underperformance, Debt-Fueled Dividend, Mishandled CEO Succession, Loss of Talent, and Operational Missteps Boots Capital's Nominees Fill the...

EdgePoint Investment Group, Inc. ("EdgePoint" or "we") has voted all 3.7 million shares of Norfolk Southern Corp. ("Norfolk Southern" or the "Company") under its control for the seven director candidates put forth by Ancora Holdings Group, LLC. In...

Norfolk Southern Corporation Wednesday sent a letter to shareholders in connection with its...

Erez Asset Management, LLC ("Erez"), a...

Endorses Alan Shaw's leadership and reflects support for company's strategy Recommendation against Jim Barber makes clear that management change is unwarranted Recommendation overlooks the significant expertise and valuable skill sets of nominees Amy...

Norfolk Southern Corporation Monday issued the following statement after being made aware that Ancora Holdings LLC (Ancora) has, without any authority or authorization, negotiated and signed a memorandum of understanding with The...

Details SilverBow's track record of underperformance, value-destructive acquisitions, broken governance, and entrenchment maneuvers  SilverBow needs experienced, independent directors who are open to assessing all value enhancing alternatives to...

29 April 2024 Mr. John O'Higgins Chairman of the Board Elementis PLC The Bindery 5th floor 51-53 Hatton Garden London EC1N 8HN United Kingdom Dear Mr. O'Higgins, Elementis PLC ? an urgent need for change As you know, Gatemore Capital Management LLP...

Erez Asset Management, LLC ("Erez"), a shareholder of...

Erez Asset Management, LLC ("Erez"), a shareholder of...

Taro Pharmaceutical Industries Ltd. is relying on an investment bank's flawed analysis to justify its sale to Sun Pharmaceutical Industries Ltd., according to Krensavage Asset Management LLC, Taro's largest minority shareholder1.­­ Sun's...

Ted B. Miller, co-founder and former Executive Chairman & Chief Executive Officer of Crown Castle Inc., ("Crown Castle"...

SC2 Inc. ("SC2") announces that one of its affiliates has provided advance notice to Sherritt International Corporation ("Sherritt") of its intention to nominate Mark Plamondon (the "Nominee") for election to Sherritt's board of directors at the...

We are advised by Avenue Investment Management that journalists and other readers should disregard the news release, Avenue Investment Management Expresses Concern Over Proposed Merger Between Encore Wire and Prysmian, issued 18-Apr-2024 over CNW....

Norfolk Southern Corporation filed a presentation on Friday with the U.S. Securities and Exchange Commission addressing the flawed assumptions of Ancora Alternatives LLC's ("Ancora") highly unrealistic near-term financial targets....

Norfolk Southern Corporation filed an investor presentation Thursday with the U.S. Securities and Exchange Commission and sent...

Beta Shale, LLC ("Beta"), an Oklahoma City based oil and natural gas company that owns 1,559,910 shares of PHX Minerals Inc., "PHX" or the "Company" , sent another letter of concern to the PHX Board of Directors on April 17, 2024 about PHX...

Avenue Investment Management, a leading investment management firm headquartered in Toronto, has formally expressed its reservations regarding the proposed merger between Encore Wire and Prysmian (BIT: PRY), announced on April 15th, 2024. In a...

Vanda Pharmaceuticals Inc. ("Vanda" or the "Company") today announced that its Board of Directors (the "Board") has adopted a limited duration stockholder rights plan (the "Rights Plan") to protect stockholder interests and maximize value for all...

This is the Second Time the Board's Actions Have Presented a "Colorable Claim" Under Delaware Law Crown Castle's Board of Directors Have ShownBlatant and Cynical Disregard for Shareholders and the Delaware Court Actions Highlight Years of Governance...

IM Cannabis Corp. (the "Company" or "IMC"), a leading medical cannabis company with operations in Israel and Germany, is announcing that, further to the news release dated January 12, 2024, the Company has decided not to make remaining installment...

Kimmeridge, an alternative asset manager focused on the...

The full text of the letter follows:  Sparta Capital Management Ltd1 Knightsbridge GreenLondon SW1X 7QA John Wood Group PLC15 Justice...

Parkland Corporation ("Parkland", "we", the "Company", or "our") , announced its determination that a strategic review is unnecessary and does not consider the best interests of the majority of our shareholders. Parkland's Board of Directors (the...

Simpson Oil has today sent a letter to the Board of Directors ("the Board") of Parkland Corporation ("Parkland" or "the Company") calling on the Board immediately to commence a review of strategic alternatives, including a potential transition of the...

Braemar Hotels & Resorts Inc. ("Braemar" or the "Company") today sent a letter reminding shareholders to disregard any proxy materials received from activist investor...

Norfolk Southern Corporation Thursday sent a letter to shareholders highlighting the collective strength of its board of directors and its commitment to acting in shareholders' best...

Kimmeridge, an alternative asset manager focused on the energy sector and the largest shareholder of SilverBow Resources ("SilverBow") holding 12.9% of...

Board Has Hidden Conflicts of Interest and Has Overseen Poor Governance and Capital Allocation, Leaving Whitestone Subscale and Over-Leveraged Company Has Diluted Shareholders with Equity Offerings Only to Return that Equity to Shareholders in a...

Teleios Capital Partners LLC, a long-standing shareholder in Marel, has today issued the below statement. Attributed to Adam Epstein, Co-Founder of Teleios Capital Partners: "As a long-term shareholder for over five years, we wrote to Marel last...

Muddy Waters Capital LLC ("Muddy Waters") confirms today it has requisitioned a meeting (the "Meeting") of shareholders of Mayfair Gold Corp. ("Mayfair" or the "Company") , to be held no later than June 5, 2024, for the purpose of reconstituting the...

The following is a text of a letter sent to Benovelent AI's Chairman, Dr. François Nader, by the Company's founder and largest shareholder, Kenneth Mulvany. Mr. Mulvany is publishing the letter to formally declare his intention to nominate a slate...

Remains ready to engage in good faith negotiations with SilverBow towards value-enhancing combination Publishes comprehensive financial and operational data on KTG to support shareholders in analyzing Kimmeridge's proposal SilverBow made no contact...

Ted B. Miller,...

The following statement has been provided on behalf of all of the shareholders of Thames Water:  "Shareholders and Thames Water have been working with the regulator Ofwat for over a year on how to address the complex challenges facing the business....

Leading independent proxy advisors ISS and Glass Lewis recommend shareholders vote in favour of the Share Issuance Resolution.ISS expects the combination to provide synergies, enhance scale, and provide human capital benefits through the leadership...

Norfolk Southern Corporation today issued the following statement highlighting the strength of its board of directors and its track record of thoughtful refreshment:...

Riposte Capital LLC, one of the largest shareholders of SilverBow Resources, Inc. , owning approximately 9.9% of the Company's outstanding common stock, today issued the following statement: Riposte Capital has thoroughly analyzed Kimmeridge's...

Norfolk Southern Corporation announced Wednesday that it has filed its definitive proxy materials with the Securities and Exchange Commission (SEC). Norfolk Southern also announced its 2024...

Muddy Waters Capital LLC ("Muddy Waters") announced today that it has lost confidence in the board of directors (the "Board") of Mayfair Gold Corp. ("Mayfair" or the "Company") . Muddy Waters intends to solicit proxies from securityholders of...

Blackbaud ("Blackbaud" or the "Company"), the leading provider of software for powering social impact, today announced that its Board of Directors (the "Board") has unanimously voted to terminate the Company's stockholder rights plan (the "Rights...

During 11 March 2024 and 15 March 2024 Truecaller AB (publ) (LEI code 549300TEYF1FA5G5GK26) has repurchased in total 586,574 own B shares (ISIN: SE0016787071) as part of the share buyback programme initiated by the board of directors. The share...

KT&G Corporation ("KT&G" or the "Company") (KRX:033780) responded to Institutional Shareholder Services' ("ISS") unilateral recommendation to vote against KT&G Board of Directors' ("BOD" or the "Board") proposals, by issuing a letter to both ISS and...

NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION (IN WHOLE OR IN PART) IN, INTO OR FROM ANY JURISDICTION WHERE TO DO SO WOULD CONSTITUTE A VIOLATION OF THE RELEVANT LAWS OF SUCH JURISDICTION. THIS IS AN ANNOUNCEMENT UNDER RULE 2.4 OF THE IRISH TAKEOVER...

Ted B. Miller, co-founder of Crown Castle Inc., (NYSE:...

Would create preeminent pure-play Eagle Ford shale operator Proposed combination and additional $500 million equity investment represent a premium of 21% to 30-day volume-weighted average price with significant upside potential  Urges SilverBow Board...

The Board of Directors of Wyndham Hotels & Resorts ("Wyndham" or the "Company"), the world's largest hotel franchising company with approximately 9,200 hotels spanning more than 95 countries, sent a letter to shareholders...