Proxy Update – State Street Global Advisors – Voting Guidelines

" State Street Global Advisors – Voting Guidelines Firmly Focused on the Long-Term  In late February, 2016, Ronald P. O’Hanley, President and CEO of State Street Global Advisors released a letter and guidelines for “Effective Independent Board Leadership”.  In his letter Mr. O’Hanley stresses the importance of long-term value creation and the perils of companies focusing …

Proxy Update – CalPERS Updates Voting Guidelines

"                                  CalPERS Updates Voting Guidelines                                  Director Tenure and Proxy Access are Most Significant Changes On March 14, 2016, CalPERS released its 2016 Global Governance …

Newell Rubbermaid and Jarden Corporation

" Newell Rubbermaid (NYSE: NWL) and Jarden Corporation (NYSE: JAH) have entered into a definitive agreement to combine the two companies. The transaction creates a $16 billion consumer goods company to be named Newell Brands, with a portfolio of leading brands in large unconsolidated categories, including Paper Mate®, Sharpie®, EXPO®, Parker®, Elmer’s®, Calphalon®, Rubbermaid®, Graco®, Baby …

Western Digital® Corporation and SanDisk Corporation

" Western Digital® Corporation (NASDAQ: WDC) and SanDisk Corporation (NASDAQ: SNDK) announced that they have entered into a definitive agreement under which Western Digital will acquire all of the outstanding shares of SanDisk for a combination of cash and stock. The offer values SanDisk common stock at $86.50 per share or a total equity value of …