Browsing: Activist

Key insight: Eastern Bankshares’ CEO hardened his stance against future bank M&A deals. The comments came three months after activist investor HoldCo Asset Management criticized the…

Enjoy complimentary access to top ideas and insights — selected by our editors.Want unlimited access to top ideas and insights? Subscribe Now Key insight: Activist investor…

Key insight: The CEO of Home BancShares in Arkansas met last week with HoldCo Asset Management, the activist investor that pushed for Comerica’s sale and publicly…

Key insight: Columbia Banking System announced the latest move on its capital strategy just days after an activist investor published a related ultimatum.What’s at stake: HoldCo…

Key insight: First Interstate BancSystem reaffirmed its strategic plan to pursue organic growth, not bank M&A, as it faces pressure from a high-profile activist investor.What’s at…

Misha Zaitzeff and Vik Ghei, founders of HoldCo Asset Management, at their Fort Lauderdale, Florida, offices.Courtesy: HoldCoAmerican banks have found an unlikely pair of adversaries in…

Travis Kelce of the Kansas City Chiefs celebrates with Taylor Swift after victory against the Baltimore Ravens on January 28, 2024 in Baltimore, Maryland.Patrick Smith |…

Key insight: Eastern Bankshares is facing pressure to sell from the same activist investor that pushed Dallas-based Comerica to make a deal.What’s at stake: The activist…

Barry Rosenstein, founder of JANA Partners.Adam Jeffery | CNBC Stock Chart IconStock chart iconCooper Companies MondayThe hedge fund, founded by Barry Rosenstein and known for pressuring…

Pepsi soft drinks are displayed at a convenience store in San Francisco, California.Justin Sullivan | Getty ImagesPepsiCo shares popped Tuesday after the Wall Street Journal reported…