As CEO of his own soon-to-be public company, Bill Ackman will use a dual share-class structure that has been considered unfriendly to investors.
CNBC's David Faber and Jim Cramer discuss the influence of activist investors on corporate America as Hertz and Darden come under pressure from Carl Icahn and Starboard Value.
Check out which companies are making headlines after the bell Thursday: Hertz, Ulta, ADS & more.
Hertz announced it reached an agreement-in-principle with activist investor Carl Icahn to install three new directors.
In response to the Hertz board announcement. Carl Icahn told CNBC's Scott Wapner the company acted responsibly by adding those 3 people to the board.
Carl Icahn owns a 6.6 percent stake in the media company, according to public filings.
Hertz Global Holdings on Monday announced Chairman and CEO Mark Frissora is stepping down, citing personal reasons.
Jim Cramer explains what to watch ahead of the open, including investor activism in Walgreen.
CNBC's David Faber and Jim Cramer discuss the departure of Hertz CEO Mark Frissora and incoming CEO Brian MacDonald. Cramer says the industry is on fire and Hertz will now be pulled up.
FMHR trader Jon Najarian has seen strong options activity in one of Carl Icahn's favorite stocks Talisman Energy.
Ebay has been telling new recruits for PayPal's CEO that it may spin the payments service off as soon as 2015.
Billionaire investor Carl Icahn revealed he owns an 8.5 percent stake in Hertz and plans to pressure the rental car company's management.
Apple's stock touched a new high, reflecting renewed faith in CEO Tim Cook's ability to outwit competition and expand the technological hit factory.
Family Dollar wouldn't have been acquired without his prodding, activist investor Carl Icahn says.
Icahn Enterprises Chairman Carl Icahn, discusses the bidding war for Family Dollar, and Chief Executive Howard Levine's handling of the takeover bids. "This wasn't going to happen at this company if we hadn't appeared," he says.
Dollar General made a competing bid for Family Dollar on Monday trumping the offer by Dollar Tree. Icahn Enterprises Chairman Carl Icahn, says he had a friendly dinner with Family Dollar Chief Executive Howard Levine and some of his board, in which the company claimed Icahn is to blame Dollar General wasn't interested.
CNBC's David Faber provides insight on Dollar General's bid for Family Dollar. Faber explains why he expects the deal to be rejected by Family Dollar at first.
CNBC's Jim Cramer discusses Dollar General's offer to buy rival retailer Family Dollar in a transaction valued at $9.7 billion.
Activist investor Carl Icahn reported a 6.6 percent stake in Gannett on Thursday, a regulatory filing showed.
Traders attempt to decipher whether the bond market or the stock market is sending the right signal, with the release several key reports Friday.