Colonial Properties Trust, Securities Settlement The lawsuit was settled for additional disclosures in the proxy statement mailed to shareholders. The following is a summary of the proceedings in the lawsuit: ‘On June 3, 2013, Colonial Properties Trust (‘Colonial’) and Mid-America Apartment Communities, Inc. (‘MAA’) jointly announced their approval of an agreement and plan of merger […]
Spartech Corporation, Securities Settlement The lawsuit was settled for additional disclosures in the proxy statement mailed to shareholders. The following is a summary of the proceedings in the litigation: ‘The Action arises out of a transaction agreed to on October 23, 2012, among Spartech Corporation, PolyOne Corporation, 2012 RedHawk, Inc.), and 2012 RedHawk, LLC (n/k/a […]
Duff & Phelps Corporation, Securities Settlement The lawsuit was settled for additional disclosures in the proxy statement. The following is a summary of the proceedings in this lawsuit: ‘On December 30, 2012, Duff & Phelps Corporation announced that it had entered into a definitive merger agreement pursuant to which it would be acquired by a […]
Cascade Corporation, Securities Settlement The lawsuit was settled for additional disclosures in the proxy statement mailed to shareholders. the following is a summary of the proceedings in this lawsuit: ‘On October 22, 2012, Toyota Industries Corporation, Industrial Components and Attachments II, Inc., and Cascade announced that they had entered into a definitive merger agreement (the […]
AsiaInfo-Linkage, Inc. Securities Settlement The lawsuit was settled for additional disclosures in the proxy statement mailed to shareholders. The following is a summary of the proceedings in this lawsuit: ‘The Consolidated Action arises out of an agreement and plan of merger entered into on May 12, 2013 by and among, AsiaInfo, Skipper Limited, and Merger […]
Teavana Holdings Inc. Securities Settlement The lawsuit was settled for additional disclosures in the proxy statement mailed to shareholders of Teavana Holdings Inc in connection with the merger. The following is a summary of the proceedings in the lawsuit: ‘On November 14, 2012, Teavana announced that it had entered into an Agreement and Plan of […]
Thomas Properties Group, Inc. Securities Settlement The lawsuit was settled for additional disclosures in the proxy statement mailed to shareholders. The following is a summary of the proceedings in this lawsuit: ‘On September 5, 2013, TPGI and Parkway announced that they had entered into an Agreement, and Plan of Merger, pursuant to which TPGI would […]
Gerova Financial Group Ltd Securities Settlement The lawsuit was settled for $1.372 million in cash. The following is a summary of the proceedings in this lawsuit: ‘This Action alleges violations of the Federal Securities Laws (specifically Sections 10(b) and 20(a) of the Exchange Act (15 U.S.C. §78j(b) and 78(t)(a)) and Rule 10b-5 promulgated thereunder (17 […]
UniTek Global Services, Inc. Securities Settlement The lawsuit was settled for $1.55 million in cash. The following is a summary of the proceedings in this lawsuit: ‘The case concerns claims brought by investors alleging that the price of UniTek common stock was artificially inflated during the Class Period as a result of alleged false […]
Massey Energy Co. Securities Settlement The lawsuit was settled for $265 million in cash. The following is a summary of the proceedings in the lawsuit: ‘This Action was commenced in April of 2010 by the filing of two complaints alleging that Defendants violated the federal securities laws. Both of those separate actions were consolidated into […]
Mike Winston of Sutton View Capital discusses the importance of intrinsic value investing at this point of the cycle At a time when many corporates, banks and law firms are... The post Sutton View on IFLR: A Hedgie’s take on M&A in 2016 appeared first on Sutton View Capital LLC.
Yahoo is under pressure. Its shares have fallen by 35% over the past year, and shareholders are pushing for the company to split off its core business from a $30 billion investment in... The post HEDGE FUND: Here’s what’s going to happen at Yahoo appeared first on Sutton View Capital LLC.
Summary This week the board of Yahoo will consider whether to pursue a sale of the core business in place of or in addition to the spin-off of Aabaco. The... The post A Full Break-Up Of Yahoo Vs. Swift Completion Of The Aabaco Spin-Off appeared first on Sutton View Capital LLC.
Directors are urged to challenge CEO Marissa Mayer as they meet to decide fate of core business Three days of deliberations between Yahoo Inc.’s directors this week have put the... The post At Yahoo, Pressure for Change Tests Board’s Loyalty to Mayer appeared first on Sutton View Capital LLC.
Summary Yahoo will spin off its non-Alibaba assets (Cash, Yahoo Core and Yahoo Japan stock) instead of spinning off its 15% Alibaba stake into a separate (i.e. Aabaco). The new... The post Yahoo Switcheroo, Goodbye Aabaco, Hello Core Spin: Revised Sum Of The Parts appeared first on Sutton View Capital LLC.
Mike Winston of Sutton View Capital featured on CNBC Click here to view the CNBC page where Video is hosted The post Mike Winston of Sutton View Capital featured on CNBC appeared first on Sutton View Capital LLC.
Fully stocked poolside cabanas, a private Lenny Kravitz concert, and oh yeah, access to some of the top investors in the world. That was the scene at the SkyBridge Alternative... The post Hedge funds play big in Vegas appeared first on Sutton View Capital LLC.
Mike Winston, Would you please offer up an investment research technique that readers might be able to use? Assemble the Chairman’s letters from each of the last ten years, and then... The post Just A Few ?s For… Mike Winston from Seeking Alpha appeared first on Sutton View Capital LLC.
Mike Winston of Winston Capital Partners, InvestPitch presentation produced by sumzero and Institutional Investor on the long case for MGM Holdings Inc (OTCMKTS:MGMB). Buy MGM Holdings Inc (OTCMKTS:MGMB) because the stock... The post Mike Winston: Long MGM Holdings appeared first on Sutton View Capital LLC.
Authored by Peter Garnry, head of Equity Strategy for Saxo Bank,Summary: In today's equity update we are following up on our analysis of the Tesla-Bitcoin-Ark risk cluster showing an updated positions analysis, cross-correlations in the flagship Ark Innovation ETF, and an drawdown analysis. Yesterday, was another bad session for this risk cluster and Ark Invest had a day […]
Authored by Pepe Escobar via The Asia Times,Moscow is painfully aware that the US/NATO “strategy” of containment of Russia is already reaching fever pitch. Again.This past Wednesday, at a very important meeting with the Federal Security Service board, President Putin laid it all out in stark terms:We are up against the so-called policy of containing […]
Authored by Chris Hamilton via Econimica blog,Some folks want to make economics seem complicated. It ain't. Any who, some charts depicting the US economy...through demographics.First, 15 to 54 year old US population (blue line) and those employed among that population (green line). You may note the end of population growth among them in '07 and not only […]
From Zero Hedge:Microsoft founder Bill Gates is pushing drastic and 'fundamental' changes to the economy in order to immediately halt the release of greenhouse gasses - primarily carbon dioxide - and 'go to zero' in order to save the planet from long-prognosticated (and consistently wrong) environmental disaster.Changes we'll need to make in order to realize […]
From Zero Hedge:Frankly, we've had it with the constant stream of lies from Robinhood and neverending bullshit from the company's CEO, Vlad Tenev.With Tenev scheduled to testify on Thursday, alongside the CEOs of Citadel, Melvin Capital and Reddit, the apriori mea culpas have started to emerge - if a little too late - the former HFT trader spoke […]
From Zero Hedge:With the recent news that Tesla has now purchased $1.5 billion in bitcoin, there's going to be no shortage of people that follow Elon Musk and make their first foray into crypto as well. And, since a majority of the country is broke, it seems like a great time for what is essentially […]
From Zero hedgePresident Joe Biden’s nominee to be chairman of the Securities & Exchange Commission, Gary Gensler, who we profiled here and is referred to as "the sheriff", could have a net worth between $41 million and $119 million. Gensler was previously the chairman of the CFTC and a partner at Goldman Sachs. He disclosed his net worth as […]
From ForbesBy Jeff Kauflin, Antoine Gara and Sergei KlebnikovIt’s just after midnight on Friday, July 31, and the Todd Capital Options Community, a $20-per-month subscription Slack channel favored by thousands of novice options traders, is buzzing with life. Unemployment is soaring and governments worldwide are desperately trying to fend off economic collapse. But members of this […]
https://thequintessentialcentrist.com/issues/issue-97/gamestoppedLast week, in a historic sequence of events on Wall Street, the struggling mall-based videogame retailer GameStop (Ticker: GME) was the subject of an epic “short squeeze” ignited primarily by individual investors on the Reddit message board r/wallstreetbets (WSB). Members of WSB implored each other to purchase shares of GME; a buying frenzy ensued. The […]