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Yesterday saw news of another big merger: the tie up between Intel (INTC) and McAfee (MFE). Between the news release and the conference call and various other merger documents, we counted 13 different filings yesterday. And that’s just McAfee’s filings. Intel had another four. Clearly, that makes for some very busy attorneys. But one filing [...]
We’ve written before about how lucrative it can be to serve as a corporate director (consider Western Union). Now Marsha C. Williams, chief financial officer of online travel agency Orbitz Worldwide (OWW) offers another window into the allure of board membership. Orbitz announced Williams’ departure on Tuesday, and filed an 8-K on Wednesday to fill [...]
This being proxy season, we’re coming across a lot of disclosures that don’t quite stand on their own, but which are interesting all the same. Here’s a few recent disclosures that caught our attention: Taking a mulligan — You can’t blame Callaway Golf Co. (ELY) and its chiefs for being a little down on the [...]
Cliffhangers are always fun, although personally we like them better in the context of thrilling new novels than in SEC filings. Yet that’s what we discovered when we dug into the proxy that Mariner Energy, Inc. (ME) filed late last week. But first, here’s the set-up…. We have to go back to October 27, 2009, [...]
According to one version of history, Queen Marie Antoinette, after being told that the hungry masses had no bread, replied, “Then let them eat brioche.” Supposedly, according to that legend, Marie wasn’t being cruel – just clueless. We don’t know whether the story is really true, just like we’ll never really understand the expenditures that [...]
