Engaged Capital's Glenn Wellington envisions sponsors assisting in campaigns, but bemoans 'white knight' situations.
Nelson Peltz will relinquish his seat at Legg Mason after placing a lieutenant on the New York lender's expanded board.
Ad-tech company Datalogix may be getting attention from potential acquirers, sources tell The Deal's Jonathan Marino.
For retailers, especially those that are already struggling, the holidays can be a real make-or-break time. And that's the situation that teen retailer Wet Seal finds itself in.
It's a field day for activists. Over at animal healthcare company Zoetis, Pershing Square Capital Management's Bill Ackman revealed an 8.5% stake.
Up to now, companies in highly regulated industries were safe from activists.
Madison Square Garden is considering the possibility of splitting into two companies: one to house its sports and media businesses and another its entertainment unit.
With Comcast and Time Warner having to respond to increased antitrust scrutiny, regulators try to gauge the deal's effect on programming.
With Becton Dickinson and Carefusion as the template for the latest merger in the medical device segment of health care, dealmakers are looking forward to more consolidation in that sector.
Platinum Equity is on a fishing expedition for a buyer for portfolio company Ranger Boats.