Proxy Update – Proxy Access Review

" Proxy Access Review After a breakout year in 2015, proxy access continues to remain center stage in 2016.  Leading the charge again on shareholder proposals is New York City Comptroller Scott Stringer, who has released his 2016 focus list of 72 companies.  In addition to shareholder proposals seeking to implement proxy access, we are seeing …

Proxy Update – ISS 2016 Policy Updates

" 2016 ISS Policy Updates In late November, ISS released its policy updates for meetings on or after February 1, 2016.  You can review the ISS Executive Summary and the Policy Updates by clicking on the appropriate link. In our view, the overall changes that ISS made to its voting policy are modest in nature.  You …

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 …

The ONE Group Hospitality, Inc.

" The ONE Group Hospitality, Inc. (NASDAQ:STKS) is conducting a non-transferable rights offering which will allow its stockholders to acquire additional shares of common stock (the “rights offering. The Company is making the rights offering through a distribution of non-transferable subscription rights to purchase shares of common stock of the Company to holders of its common …