Hedge Fund Seeks Board Seats at Times Co.
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An Alabama-based hedge fund, which controls less than 5 percent of Times Company stock, said it would try to elect directors to the companyâs board.
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Dow Jones board members are meeting with billionaire Ronald W. Burkle in an effort to hunt for alternatives to a takeover by Rupert Murdochâs News Corporation.
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The board of Bank of America Corp.'s Nations Funds has asked most of its longstanding members to step down in a house-cleaning effort aimed at satisfying New York Attorney General Eliot Spitzer, who last year accused the trustees of allowing a hedge fund to improperly trade its funds.
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An Internet entrepreneur and a Wall Street group have joined a list of potential rivals to News Corp.'s $5 billion bid for Wall Street Journal publisher Dow Jones &amp; Co., an adviser to the Dow Jones employee union said yesterday.
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A prominent hedge fund manager who was experienced in investing money for charities is expected to be arraigned on charges of attempted kidnapping and sexual assault on Monday, police in Connecticut said.
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JP Morgan Chase &amp; Co. (JPM) plans to buy a majority stake in the hedge fund Highbridge Capital Management, the companies said on Monday, a sign that Wall Street is seeking a bigger role in the rapidly growing hedge-fund industry.
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Philadelphia Media Holdings Chief Executive Brian Tierney said on Thursday he is interested in bidding with partners for Wall Street Journal publisher Dow Jones & Co. Inc.
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The New York Times Co said on Tuesday  it nominated two new candidates for its board ahead of an  attempt by a dissident investor group to add four directors to  its slate.
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LOS ANGELES, Oct. 25  â An investment group affiliated with labor unions has called on Countrywide Financial, the struggling mortgage lender, to let shareholders play a role in nominating a successor to Henry G. Cisneros on the companyâs board.
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An investor coalition that holds just  under 5 percent of New York Times Co  urged the  publisher to spend more money to buy digital companies,  according to a regulatory filing on Monday.
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Maurice Greenberg, the former head of insurer American International Group Inc. , has been buying shares of New York Times Co.  to try to break the Sulzberger family's hold on the media company, the New York Post reported on Wednesday, citing unnamed sources.
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Philadelphia Media Holdings Chief  Executive Brian Tierney said on Thursday he is interested in  bidding with partners for Wall Street Journal publisher Dow  Jones & Co. Inc.
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While investment banks are scrambling to get into the hedge fund business, officials say they need to know more about the industry.
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Hedge funds, known for flexing their  financial muscles around the globe but still largely shut out  of China, hope the quickening pace of Beijing&#39;s reforms will  open new gateways into the world&#39;s fourth-largest economy.
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Shareholder pressure suggests that Time Inc. will either become a smaller, more profitable division of a public company or it will be in play.
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Four of the biggest U.S. public  pension funds said Tuesday they would press for the right to  have shareholders nominate directors to Walt Disney Co.'s  DIS.N board of directors.
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A new Goldman Sachs Group  stock  hedge fund could be launched with more than $6 billion, with  some investors expecting the fund to attract as much $10  billion, people familiar with the fund said.