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“US gunmaker Ruger accuses Italian rival Beretta of plotting stealth takeover” America’s largest gunmaker, Sturm Ruger & Co., accused the parent company of Italian arms firm Beretta of trying to stealthily seize control of the Connecticut-based business through “self-serving demands” such as cut-price stock buys and veto-like board power. The Todd W. Seyfert-led giant hit…
“#Battle brewing over Martin Shkreli’s controlling stake in Phoenixus” Martin Shkreli may be losing his grip on the drug company he controls from prison. Three days after the “Pharma Bro” bested a group of shareholders who tried to seize control of his company Phoenixus by ousting his cronies from the board, more efforts were made…
“#’Pharma Bro’ Martin Shkreli wins proxy battle from prison” A group of activist investors seeking to wrest control of Martin Shkreli’s pharmaceutical company failed miserably this week — with the “Pharma Bro” voting his shares from prison. But the battle is not over, and the investors now plan to seize Shkreli’s 44 percent stake in…