Daily Archives: March 10, 2018

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Engine Capital Standstill on Hill Int’l

Purpose of Transaction. Item 4 is hereby amended to add the following:  On March 7, 2018, the Reporting entered into a nomination and standstill agreement with the Issuer (the “Agreement”) regarding the composition of the Issuer’s Board of Directors (the “Board”).  Pursuant to the terms of the Agreement, the Issuer agreed that so long as…

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Why Axar Capital Likes Stonemor

PURPOSE OF TRANSACTION       The Reporting Persons originally acquired the Common Units for investment in the ordinary course of business because they believed that the Common Units, when purchased, were undervalued and represented an attractive investment opportunity.       The Reporting Persons intend to actively pursue discussions with the Board of Directors…

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Elliott Assoc to Cooperate with Akamai

PURPOSE OF TRANSACTION     Item 4 of the Schedule 13D is hereby amended and supplemented by the addition of the following:     On March 8, 2018, the Reporting Persons entered into a cooperation agreement with the Issuer (the “Cooperation Agreement”), pursuant to which the Issuer agreed that, as promptly as practicable following the…

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Corvex Settles with Energen Corp

Purpose of Transaction On March 6, 2018, Corvex and the Issuer entered into a Letter Agreement (the “Letter Agreement”). Pursuant to the terms of the Letter Agreement, the Issuer agreed as follows: (i) concurrently with the execution of the Letter Agreement, the Board shall expand the size of the Board from nine to 11 members and not…