Activist investor Robbins shutting hedge fund to pursue other things

FILE PHOTO: Clifton Robbins, founder and CEO, Blue Harbour Group, speaks during the Milken Institute Global Conference in Beverly Hills, California, U.S., May 1, 2017. REUTERS/Mike Blake/File Photo NEW YORK (Reuters) – Activist investor Clifton S. Robbins told clients on Friday that he is shuttering his Blue Harbour Group not Continue Reading

Investor to oppose Instructure’s plans to sell to Thoma Bravo

BOSTON (Reuters) – Rivulet Capital, a large investor in Instructure Inc, on Thursday said it will resist the U.S. educational software company’s plan to sell itself to private equity firm Thoma Bravo for $2 billion, calling the deal too cheap and too hurried. Rivulet Capital, which owns 5.23% of Instructure, Continue Reading

Germany’s Aareal conducts strategic review following calls from investor

FRANKFURT (Reuters) – German real estate lender Aareal said on Monday it had embarked on a strategic review following calls from an activist investor to consider the sale of its software unit Aareon. Hermann Merkens, Aareal’s chief executive officer, wrote in a letter to the shareholder, Teleios Capital Partners, that Continue Reading

Activist investor Driver Management presses anew for First United Bank to sell itself

(Reuters) – Driver Management Company LLC, an activist investor focused on U.S. banks, renewed calls on Wednesday for First United Corp (FUNC.O), the holding company for Maryland community bank First United Bank & Trust, to sell itself. First United’s shares have traded at a significant discount to its regional banking Continue Reading

Investor group calls on Lyft to scrap dual-class share structure plan: FT

An electric scooter from the ride sharing company Lyft is shown on a downtown sidewalk in San Diego, California, U.S., March 15, 2019. REUTERS/Mike Blake (Reuters) – A group of investors has called on Lyft Inc’s board to scrap a proposed dual-class share structure, as the ride hailing company pitches Continue Reading