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Bank of New York Mellon Cedes Board Seat to Trian Fund

Nelson Peltz will relinquish his seat at Legg Mason after placing a lieutenant on the New York lender's expanded board.

Datalogix Gets M&A Interest as it Considers Public Debut

Ad-tech company Datalogix may be getting attention from potential acquirers, sources tell The Deal's Jonathan Marino.

Wet Seal Hires Investment Bank to Advise on Alternatives

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.

Activists Pershing Square and Starboard Go After Zoetis, Yahoo!

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.

The Untouchables: Where Even Activist Investors Fear to Tread

Up to now, companies in highly regulated industries were safe from activists.

Madison Square Garden Plans Pick-and-Roll Play With Split

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.

Comcast, Time Warner Merger Concessions May Promote New Broadband

With Comcast and Time Warner having to respond to increased antitrust scrutiny, regulators try to gauge the deal's effect on programming.

Becton Dickinson and CareFusion Tie-up Heralds More Sector M&A

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.

Ranger Boats' Private Equity Owner Goes Fishing for Sale Prospects

Platinum Equity is on a fishing expedition for a buyer for portfolio company Ranger Boats.

DELiA*s Turnaround Will Need to Beat Liquidity Crunch Timeline

Teen apparel retailer dELiA*s is running into a cash flow problem with some investors saying that it will need to get its turnaround in gear.

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