A CTO at the White House. Donald Trump on Thursday promoted Michael Kratsios to head the technology and digital policy of his administration. A position of "chief technology officer" created under the presidency of Barack Obama, but left vacant for two years. The mission is to advise the president on technological issues, to make the […]
Mergers And Acquisitions Companies
Business Viacom Inc’s bitter contract renewal talks with AT&T Inc’s DirecTV that could see the blackout of MTV, Nickelodeon and Comedy Central by midnight Friday are weighing on a possible tie-up of CBS and Viacom, sources familiar with the discussions said. FILE PHOTO: The Viacom office is seen in Hollywood, Los Angeles, California, April 24, […]
Market Analysis: Global Impact Resistant Glass Market The Global Impact Resistant Glass Market is expected to reach USD 30.89 billion by 2025, from USD 20.12 billion in 2017 growing at a CAGR of 8.1% during the forecast period of 2018 to 2025. The upcoming market report contains data for historic year 2016, the base year […]
Discovery CEO David Zaslav saw his overall compensation more than triple to $129.4 million in 2018, the year the company closed its $14.6 billion acquisition of Scripps Networks Interactive. Most of the total came in the form of equity options. The package, according to a proxy statement released by the company Friday afternoon, includes $102.1 million […]
A trader works at the post that trades Parsley Energy Inc. and Allergan Plc., on the floor of the New York Stock Exchange (NYSE) April 5, 2016. REUTERS/Brendan McDermid
March 22, 2019
(Reuters) – Allergan Plc plans to elect an independent board chairman, starting with the next leadership transition, the Botox maker said on Friday, as the drugmaker responds to calls from hedge fund Appaloosa LP to separate the roles of chairman and chief executive officer.
Appaloosa, led by billionaire David Tepper, has been pressing Allergan since last year to separate the roles, but the company has said it would do so only when the person who now holds the positions is replaced.
Brent Saunders currently holds the roles, and Allergan has said implementing Appaloosa’s recommendations would be “highly disruptive” to the company’s operations and impact his ability to continue to execute its current strategy.
Allergan also said https://www.sec.gov/Archives/edgar/data/1578845/000119312519083731/d633114d8k.htm in a regulatory filing on Friday that it had formed a committee to oversee mergers, acquisitions, divestitures and other transactions.
The company also named Thomas Freyman as the chair of the compensation committee, replacing Catherine Klema, who will not be standing for re-election.
A spokesman for Tepper did not immediately respond to a request for comment.
The company in February had named former CEO of drugmaker Celgene, Robert Hugin, as a director, saying the appointment reflected its commitment to “active board refreshment”.
(Reporting by Saumya Sibi Joseph in Bengaluru; Editing by Shailesh Kuber and Sriraj Kalluvila)
A trader works at the post that trades Parsley Energy Inc. and Allergan Plc., on the floor of the New York Stock Exchange (NYSE) April 5, 2016. REUTERS/Brendan McDermid (Reuters) – Allergan Plc plans to elect an independent board chairman, starting with the next leadership transition, the Botox maker said on Friday, as the drugmaker […]
How to Sublease Your Office How to Sublease Your Office is written for NYC commercial Tenants. Business owners may sometimes decide that they have excess office space and need to Sublease all (or a portion) of it for economic reasons. Frequent scenarios where this happens include: (1) A change in a business that results in […]
LOS ANGELES — Gores Metropoulos, Inc. (NASDAQ: GMHIU) (the “Company”) announced that, commencing March 25, 2019, holders of the units sold in the Company’s initial public offering of 40,000,000 units completed on February 5, 2019 may elect to separately trade the shares of Class A common stock and warrants included in the units. Those units […]
The Automotive Solenoid Market, in terms of value, is projected to grow at a CAGR of 8.82% from 2017 to 2022. The market is estimated to be USD 4.13 Billion in 2017. In this study, 2016 has been considered the base year and 2017 to 2022 the forecast period for estimating the market size of […]
NEW YORK — Changes announced in corporate dividends Mar. 18-Mar. 22. INCREASED DIVIDENDS CareTrust REIT .225 from .205 Colgate-Palmolive .43 from .42 Dollar General .32 from .29 Equity Residential .5675 from .54 Exantas Capital .20 from .175 Fulton Financial .13 from .12 Hunt Cos Finance Tr .07 from .06 Hurco Cos .12 from .11 Iberiabank […]
The global streaming analytics market is expected to register significant growth during the course of forecast period. The growing streaming analytics market due to rising adoption among SME is driving growth of the global streaming analytics market. The global streaming analytics market could be categorized on the basis of type, deployment and end-user industry. Telecommunication […]
[ad_1] Exactly eight years into its full ownership of Alcon, Novartis will officially say goodbye to the eye care business on April 9. The new Alcon shares will be listed on the Swiss Exchange and the New York Stock Exchange on April 9 under the ticker “ALC,” as the full spinoff has cleared key authorizations […]
Leased line is a dedicated link or telecommunication path present between two fixed locations, made accessible for the designated user (company or individual). Leased lines are provided to consumers for internal communication among their business factories/centres/offices located in the same city or different cities, on a point-to-point or network basis. They transfer data, voice, and […]