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Former chief executive Satoshi Tsunakawa will be replaced as chair of the board by Akihiro Watanabe, an executive at mergers and acquisitions advisory group Houlihan Lokey.
Source: Toshiba shakes up board by agreeing to appoint activist-backed directors
Pharmacy chain Walgreens and two of its former executives have agreed to pay $105 million to end investor claims the company touted overly rosy financial projections as it sought shareholder...
Zendesk has had a difficult time over the last several months. It has been hounded by activist investors, Jana Partners. It turned down a $17bn acquisition in February believing it was worth more....
After Frontier raised its offer for Spirit on Friday, the firm ISS reversed its recommendation that shareholders consider a rival bid from JetBlue. Source: Shareholder Advisory Firm Backs...
Shareholders urged to vote against £310mn deal because of rival’s plunging share price Source