Word: board
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Icahn has earned accolades on Wall Street for his savvy stock-picking choices, knack for launching feisty board battles at poorly performing companies and, most importantly, his ability to snap up unwanted, undervalued or mismanaged companies at bargain-basement prices and turn them around for big profits...
...example, one of Icahn's biggest windfalls came from an investment in cancer-drug maker ImClone Systems. The corporate raider jumped into the stock in 2006, launched a nasty proxy fight, strong-armed the board into rejecting a $36-a-share takeover offer and assumed the post of chairman. Two years later, the company accepted a $70-a-share bid from Eli Lilly & Co. "I felt vindicated," boasted Icahn at the time. Then there was National Energy Group, where he turned a $300 million investment in the company in 2003 into a $1.5 billion payoff when it was sold...
Eighteen months in the making and a year in the revealing, the much-anticipated report of the Committee to Review the Administrative board is finally in the open. The report, released by Dean of the College Evelynn M. Hammonds on Mar. 10, consists of three parts: The first covers changes that have already been implemented by Dean Hammonds at her discretion, the second contains recommendations for changes to faculty rules that will require a vote of the Faculty of Arts and Sciences for implementation, and the third presents a set of issues for further “discussion and consideration...
...Diego State padded its lead in the sixth, as co-captain Margaux Black allowed a fielder’s choice and a single that, combined with an error, put two more runs on the board...
...artist Kid Cudi will be performing at the College's fifth annual Yardfest on Sunday, April 18, the College Events Board announced today...