The company has put the New York Liberty on the block. Established in 1996 as one of the WNBA's original eight franchises, the Liberty have been at the center of women's professional basketball since the start.
In an interview with The Deal, Ackman said that big investors said they would support him next year if the payroll processor doesn't meet its performance goals.
A number of hedge funds, including some activists are quietly accumulating progress shares, which could help Praesidium in any M&A move.
Vintage Capital requested a 30-day exclusivity period for its $13-a-share acquisition offer of the rent-to-own company but was rejected. RCII's move suggests other bidders could be considering moves.
Elliott wants Qualcomm to pay more than $110 Per Share for NXP. Now, NXP shares are down on speculation the deal could unravel.
Ellen Gordon and her late husband ran Tootsie Roll Industries for more than half a century, but there's no clear succession plan despite heavy insider ownership.
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