dcbarnard

15 Flips | 1 Magazine | 4 Followers | @dcbarnard | Keep up with dcbarnard on Flipboard, a place to see the stories, photos, and updates that matter to you. Flipboard creates a personalized magazine full of everything, from world news to life’s great moments. Download Flipboard for free and search for “dcbarnard”

ISS, Glass Lewis Split on Agrium vs Jana Fight

If investors were looking for clarity on the heated fight between Canadian fertilizer giant Agrium Inc. and Jana Partners this week, they were likely disappointed.<p>Two leading proxy advisory firms weighed in the past two days and gave differing opinions, stirring more back and forth between Agrium …

The Uneasy Case for Favoring Long-term Shareholders

The power of short-term shareholders in widely-held public firms is widely blamed for “short-termism”: directors and executives feel pressured to …

The Board, Social Media and Regulation FD

The widespread use of social media in today’s global marketplace presents opportunities and challenges for all financial market participants, …

Dell Proxy: 5 Questions to Look for in Dell’s Filing

By<p>David Benoit<p>David Benoit<p>The Wall Street Journal<p>Biography<p>@DaveCBenoit<p>benoitda<p>Google+<p>David.Benoit@wsj.com<p>Dell is expected to lift its veil a bit on its sales process Friday.<p>That’s the deadline the personal-computer maker has to file its preliminary proxy statement, advising shareholders of its …

Dell’s Special Committee Includes Ex-Goldman Analyst, Reagan Adviser

By<p>David Benoit<p>David Benoit<p>The Wall Street Journal<p>Biography<p>@DaveCBenoit<p>benoitda<p>Google+<p>David.Benoit@wsj.com<p>The spotlight is about to shine even brighter on Dell special committee.<p>Sometime Friday, it’s expected that the company will release its first public draft of its proxy statement on its …

Michael Dell Met With Blackstone Earlier This Month

Michael Dell met with officials from Blackstone Group LP over two days earlier this month, discussions that took place before the private-equity firm decided to make a play for the computer maker, according to people familiar with the situation.<p>The meetings, which occurred on March 6 and 7 at …

How the Dell Talks Went Down

<i>By Ryan Dezember and David Benoit</i><p>One of the greatest hurdles to Michael Dell’s plans to take his namesake company private was also his inspiration.<p>Dell’s take-private saga began with a mid-June suggestion from the computer-maker’s top outside shareholder, Southeastern Asset Management, Inc., …

Dell Buyout Was All Southeastern’s Idea

No wonder Southeastern Asset Management is not very happy about being left out of the Dell deal: It was their idea.<p>Among the most noteworthy elements of Friday’s proxy filing from Dell Inc. is that the first discussions Michael Dell had about taking his company private last year were with …

Timeline: The Battle for Dell

Dell released a 274-page filing Friday with the SEC that laid out its most comprehensive case for accepting a $24.4 billion offer to go private<p>Here’s a timeline of the negotiations:<p>June 15: Southeastern Asset Management, Dell’s largest independent shareholder, contacts Michael Dell about a possible …

It’s Hard Work Taking Tech Companies Public

By<p>Telis Demos<p>Telis Demos<p>The Wall Street Journal<p>Biography<p>@telisdemos<p>Telis.Demos@wsj.com<p>Tech IPOs are a tricky business.<p>That is the message of a new study of recent initial public offerings by law firm Fenwick & West –- the folks who represented some of the biggest internet and software companies to …

Directors

Within the standard framing, directors monitor managers in order to help align shareholder-manager interests and minimize the agency costs that arise …