Proxy Update – Commonsense Principles of Corporate Governance

" On Thursday July 21, 2016 a group composed of 13 executives released a letter and subsequent guidelines detailing their views on “commonsense” corporate governance principles in an attempt to improve how American companies are run.  The group, listed below, includes CEOs of public companies, a number of major asset managers, an activist investor and a …

Proxy Access Update – July, 2016

" Proxy Access Update – July, 2016 As the 2016 proxy season draws to a close, Morrow Sodali has prepared the following update on proxy access proposals and bylaws. 2016 Proxy Access Proposals Shareholder Proposals.  As of July 7, 2016, a total of 79 shareholder proposals have gone to a vote in 2016, with another currently …

Laboratory Corporation of America Holdings and Sequenom, Inc.

" Laboratory Corporation of America Holdings (LabCorp(R)) (NYSE:LH), the world’s leading healthcare diagnostics company, and Sequenom, Inc. (NASDAQ: SQNM), a pioneer in non-invasive prenatal testing (NIPT) for reproductive health, today announced that they have entered into a definitive agreement and plan of merger under which LabCorp would acquire all of the outstanding shares of Sequenom in …

Del Taco Restaurants, Inc. Warrant Exchange

" Del Taco Restaurants, Inc. (Nasdaq:TACO) has commenced an offer to exchange 0.2780 shares of the Company’s common stock for each outstanding Company warrant exercisable for Shares at an exercise price of $11.50 per Share (the “Warrants”) (approximately one Share for every 3.6 Warrants tendered), up to a maximum of 6,750,000 Warrants. The Offer to Exchange …