minority shareholders

minority shareholders

Firm urges Clearwire investors to vote no on Sprint deal; board calls recommendation 'superficial'

www.geekwire.com
The ongoing saga of Clearwire has taken yet another turn as the independent shareholder firm Glass Lewis & Co. has recommended that minority shareholders in the Bellevue broadband wireless company vote against the increased offer from Sprint. The move comes a day after Crest Financial, which holds eight percent of...
Firm urges Clearwire investors to vote no on Sprint deal; board calls recommendation 'superficial'

Bebo Shareholders File Motion To Remove CEO, Have A Receiver Take Control of Embattled Company

techcrunch.com
Here’s yet another sad turn in the story of one of social networking’s also-rans. Bebo, the early U.K.-based social network that AOL bought for $850 million only to turn around and sell for less than $10 million later, may see its current CEO Adam Levin go. The company’s shareholders, who...
Bebo Shareholders File Motion To Remove CEO, Have A Receiver Take Control of Embattled Company

Dish looks to scoop up Clearwire, outbidding Sprint by 11 percent

www.geekwire.com
Many of Clearwire’s minority shareholders have argued that Sprint Nextel’s buyout offer is far too low, undervaluing the Bellevue company’s strong spectrum position. Now, they’ve got another believer. In the ongoing saga around Clearwire, Dish Network today announced an unsolicited offer to buy the wireless broadband company for $3.30 per...
Dish looks to scoop up Clearwire, outbidding Sprint by 11 percent

PE Firm Madison Dearborn Pays $100M For A Majority Stake In Cloud Video Company QuickPlay Media

techcrunch.com
Cloud video services company QuickPlay Media is announcing today that Chicago-based private equity firm Madison Dearborn Partners will be paying about $100 million to take a majority stake in the company. With the deal, Madison Dearborn has essentially bought out QuickPlay Media’s previous investors, which include General Catalyst, Ventures West,...
PE Firm Madison Dearborn Pays $100M For A Majority Stake In Cloud Video Company QuickPlay Media

Clearwire Shareholder Hires Proxy Firm in Bid to Stop Sprint Deal

allthingsd.com
Crest Financial said Wednesday that it has hired a proxy solicitation firm to aid in its opposition of Sprint’s plan to acquire the rest of Clearwire. The Houston-based investment company owns 3.9 percent of Clearwire and has already sued Clearwire and its directors, arguing that they have breached their fiduciary...
Clearwire Shareholder Hires Proxy Firm in Bid to Stop Sprint Deal

Alibaba Group CEO Jack Ma Announces Major Restructuring In Company Email

techcrunch.com
Chinese e-commerce giant Alibaba Group is embarking on a major reorganization of its business structure that will divide the company into 25 different units, each led by a general manager, said CEO Jack Ma in a company-wide email published by Sina News (link via Google Translate, h/t 36Kr). The move is...
Alibaba Group CEO Jack Ma Announces Major Restructuring In Company Email

Clearwire puts off shareholder vote to consider Dish's fatter bid

www.pcworld.com
The tug-of-war over Clearwire looks set to continue for at least another two weeks as the struggling mobile operator postponed a special shareholder meeting once again to consider Dish Network's latest bid.On Wednesday, Dish boosted its bid for Clearwire to US$4.40 per share, far above the current $3.40 offer...
Clearwire puts off shareholder vote to consider Dish's fatter bid

Clearwire CEO hints at layoffs, as investor boosts stake to repel Sprint deal

www.geekwire.com
Clearwire CEO Erik Prusch met with employees this week to reassure them that even though Sprint has offered to buy the company for $2.2 billion, it remains “business as usual” until the deal is completed next year. Prusch also addressed the jobs of workers, pointing them to a FAQ related...
Clearwire CEO hints at layoffs, as investor boosts stake to repel Sprint deal

Clearwire tries to persuade minority shareholders that Sprint's $2.2 billion offer is the only option

thenextweb.com
Clearwire has sent a letter to minority shareholders today to try to persuade them that a proposed buyout from mobile network operator Sprint is the best way forward. Sprint acquired a 50.8 percent stake in Clearwire last October and announced an additional deal, worth $2.2 billion, to buy the remaining...
Clearwire tries to persuade minority shareholders that Sprint's $2.2 billion offer is the only option

Alibaba Privatization Moves Forward

online.wsj.com
Minority shareholders of Alibaba.com Ltd. on Friday voted in favor of a proposal by Alibaba Group Holding Ltd. to take the Hong Kong-listed online trading unit private....
Alibaba Privatization Moves Forward

Social Network Bebo Has Filed A Voluntary Chapter 11 Bankruptcy Petition

techcrunch.com
Looks like Bebo, once an early star in social networking, is progressing to the next step in the long and messy struggle between majority shareholder Criterion Capital Partners and minority shareholders that include co-founder Michael Birch, Hecker Consultancy and SV Angel: Bebo.com, Inc. has filed a voluntary petition for Chapter...
Social Network Bebo Has Filed A Voluntary Chapter 11 Bankruptcy Petition

Russian mobile operator MegaFon limps over line at London listing | Nils Pratley

www.guardian.co.uk
UK investors still have good reasons to be nervous about being minority shareholders in an oligarch-dominated ventureIt was the largest capital raising in London by a telecoms company since 2001 and the first big Russian arrival since 2007. But MegaFon hardly sprinted over the line.The shares, which the company hoped...
Russian mobile operator MegaFon limps over line at London listing | Nils Pratley

Sprint Ups Bid for Clearwire to Outbid Dish Network

allthingsd.com
Sprint on Tuesday upped its bid for Clearwire to $3.40 per share, slightly above the amount Dish Network said it was willing to pay for the network provider. The move comes just ahead of a vote of Clearwire shareholders scheduled for later Tuesday — a vote that clearly wasn’t going...
Sprint Ups Bid for Clearwire to Outbid Dish Network

Clearwire's Dissident Shareholder Mails Proxy, Taps Quinn Emanuel for Trial Duties

allthingsd.com
Crest Financial, the Clearwire shareholder looking to scuttle Sprint’s buyout, said Monday that it has hired noted litigation firm Quinn Emanuel to pursue its trial in the matter. Crest, Clearwire’s largest minority shareholder, also said it has mailed its proxy as it seeks to defeat the deal in a vote...
Clearwire's Dissident Shareholder Mails Proxy, Taps Quinn Emanuel for Trial Duties
× Just a test of the new info bar. What do you think?