2017 ISS Policy Survey

" As if to remind us that corporate governance is now truly a year-round process, ISS has released its 2017 policy survey in the middle of the doldrums of summer. The release kicks off a policy review process that will, in addition to the survey, include regional-based, topic-specific roundtables to examine local market best practices and …

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 …

Pfizer and Medivation

" August 22, 2016.  Pfizer Inc. (NYSE: PFE) and Medivation, Inc. (NASDAQ: MDVN) today announced that they have entered into a definitive merger agreement under which Pfizer will acquire Medivation, a biopharmaceutical company focused on developing and commercializing small molecules for oncology, for $81.50 a share in cash for a total enterprise value of approximately $14 …

TIAA and Everbank

" August 8, 2016.  TIAA, a leading financial services provider, , announced today an agreement to acquire EverBank (NYSE: EVER), a nationwide consumer and commercial bank with $27.4 billion in total assets. This acquisition significantly expands TIAA’s banking and lending products and complements the company’s full suite of retirement, investment and advisory services available to help …