Icahn Sues Software Maker Seeking Vote on Offer
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The billionaire investor Carl C. Icahn has sued BEA Systems, demanding that the company hold an annual meeting and permit shareholders to vote on a sale.
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Less than three months after Microsoft lost a landmark antitrust case in Europe, a Norwegian software company filed a new complaint Thursday, challenging the software giantâs bundling of its Web browser with its Windows operating system.
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Billionaire financier Carl Icahn outlined a new bid worth $4.3 billion for Reckson Associates Realty Corp. yesterday , this time on his own after two partners withdrew over the weekend.
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Billionaire activist investor Carl Icahn on Friday called for the sale of BEA Systems Inc., a business software maker whose stock price has sagged with the growth in open-source software and under pressure from larger competitors such as IBM Corp. and Oracle Corp.
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Software giant makes bid in an attempt to challenge growing might of Google
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Lawyers for software vendor Compuware (Quote, Chart) filed a motion with a US District Court in Michigan asking a federal judge to impose sanctions against IBM for producing source code two years too late.
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A broker-dealer firm sued brokerages  watchdog NASD and the New York Stock Exchange on Friday to  block a deal to merge oversight functions, saying the  arrangement would be unfair to NASD members.
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California Attorney General Bill Lockyer joined a lawsuit Tuesday alleging that voting equipment company Diebold Inc. sold the state shoddy hardware and software, exposing elections to hackers and software bugs.
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Billionaire investor Carl Icahn, who is pressing for board changes at biotechnology company ImClone Systems Inc. , on Wednesday acknowledged that he rejected $36-per-share takeover offer for the company, saying the company is worth more.
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A suit against a large hedge fund filed by Carl C. Icahn, the billionaire financier, could shine a bright light on the largely unregulated hedge fund industry.
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Activist investor Carl Icahn has made a $2.43 billion offer for U.S. auto parts supplier Lear Corp. , the two parties said on Monday.
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Fund manager Brandes Investment Partners LP said on Friday it intended to vote against billionaire investor Carl Icahn's proposed $2.31 billion buyout offer for Lear Corp. , which the auto parts maker has accepted.
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A civil lawsuit accusing Henry Nicholas III, the former president and CEO of Broadcom Corp., of mistreating employees, using illegal drugs and paying for prostitutes, has reportedly caught the attention of U.S. law enforcement officials investigating stock options backdating at the company.
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Microsoft Corp.  wants to  block an effort for a shareholder vote forcing the world's  largest software maker to explain its support for Internet  network neutrality, according to a company letter obtained by  Reuters on Tuesday.
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The investor Carl C. Icahn said he was trying to get three supporters elected to the board of the biotechnology firm Biogen Idec because of concerns over the sales process.
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Billionaire investor Carl Icahn said on Friday a sale of BEA Systems Inc.  to a strategic acquirer would maximize the value of its shares and that he might seek to nominate directors to the software maker's board.
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China's largest chip maker is seeking damages in U.S. court from rival Taiwan Semiconductor Manufacturing Co.Â (TSMC) for alleged breach of contract, widening a legal battle with TSMC that erupted last month.