Applebee's says fund rejects board seat offer
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Applebee's International Inc.  said on Friday negotiations with hedge-fund investor Breeden Capital have failed to produce an agreement after Breeden rejected the restaurant chain's offer of two board seats.
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Australia's second-biggest retailer,   Coles Myer Ltd., on Wednesday rejected a A$17.3 billion ($13.3   billion) buyout bid by a private equity consortium, saying it   substantially undervalued the company.
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Applebee&#39;s International Inc. (APPB.O: Quote, Profile, Research) shares fell more than 4 percent on Wednesday after the restaurant company reported weak August sales and said it
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The governing board of the Naval Academy Alumni Association on Thursday rejected a bid from graduates who sought to establish a predominantly gay and lesbian alumni chapter.
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The Putnam Investments mutual funds aggressively voted against corporate boards that failed to meet strict standards for director independence last year, new proxy disclosures show.
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PLEASANTON, California - PeopleSoft Inc.&#39;s board yesterday rejected Oracle Corp.&#39;s $9.2 billion takeover bid, continuing its resistance after the company&#39;s own shareholders tendered more than 60 percent of their stock to Oracle.
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A staff trust holding over 12 percent of the shares of Aer Lingus have delivered a 97 percent rejection of the hostile takeover bid for the airline from Europe's biggest low-cost carrier Ryanair, according to a statement.
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U.S. private equity firm Apollo Management has made a 1-billion-pound ($1.95 billion) bid proposal to Countrywide , but one of the British property agency's key shareholders immediately rejected it as too low.
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Trucking company Swift Transportation Co. Inc.  said on Monday it rejected a $2.2 billion buyout proposal from former Chief Executive Jerry Moyes, but added it is willing to discuss higher bids.
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New York Times Co. has rejected an  offer for The Boston Globe from a group of Boston businessmen,  including former General Electric Co. chief Jack Welch, the  Globe reported on Wednesday.
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Northern Rock  turned down an offer of 500 million pounds in funding from U.S. investment bank JPMorgan  that could have eased its liquidity problems, the Daily Telegraph said on Friday.
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By The Sacramento Bee, Calif.  May 30--Shareholders of managed care giant UnitedHealth Group on Tuesday narrowly rejected a proposal championed by California's two massive public pension funds to make it easier to nominate company directors.
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When corporate America came looking for raises last year, Boston's largest mutual funds routinely turned them down, voting in hundreds of cases against lucrative stock and options packages for senior executives, according to proxy-vote data released last week for the first time.
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Europe's biggest bank HSBC Holdings  has rejected calls from activist investor Knight Vinke Asset Management for it to review its strategy and shake up its corporate governance, the Financial Times reported.
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When corporate America came looking for raises last year, Boston&#39;s largest mutual funds routinely turned them down, voting in hundreds of cases against lucrative
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Delta Air Lines  said its board has  rejected an $8.4 billion acquisition bid from rival US Airways  Group Inc. , calling the bid "structurally flawed" and  plagued by antitrust and labor issues.
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The Netherlands-based Corporate Express rejected an unsolicited $3.67 billion buyout offer from Staples as too low, but some analysts expect an eventual agreement.