TOKYO—Toshiba shareholders on Tuesday approved the company’s proposal to invite representatives from two foreign activist funds onto its board, a move which may help speed the transition of the troubled…

Western Digital reached a settlement with activist investor Elliott Management Corp. that calls for the $19 billion company to consider splitting into two. The company said in a statement that…

MOSCOW—A handful of prominent American CEOs, including BlackRock Inc.’s Larry Fink and the bosses at Delta Air Lines Inc., Netflix Inc. and Universal Pictures, have landed on a fresh list…

Unilever PLC said it would add Nelson Peltz to its board and disclosed his fund now holds a 1.5% stake, moves that ratchet up pressure on the maker of Dove…

Trian Fund Management LP, Wendy’s Co. WEN -2.34% ’s largest shareholder, said it is exploring an acquisition or another potential deal for the fast-food restaurant, as it works to improve…

DigitalBridge Group Inc. is buying Switch Inc., a data-center company, for $11 billion, the latest digital asset being snapped up by the investment company. DigitalBridge is partnering with an affiliate…

Activist hedge fund Third Point LLC told clients it has increased its stake in Shell PLC and is still pushing the oil giant to restructure, six months after calling for…

An activist investor has a stake in Hasbro Inc. HAS 1.83% and is supporting another activist already waging a proxy fight at the toy maker while it pushes the company…

David Kenny, chief executive of Nielsen in 2019 Photo: Paul Miller/Bloomberg News March 20, 2022 9:33 pm ET Nielsen Holdings NLSN 2.17% PLC rejected a roughly $9 billion takeover offer…

A consortium of private-equity firms including Elliott Management Corp. is in advanced talks to buy TV-ratings company Nielsen Holdings NLSN 30.50% PLC for about $15 billion including debt, according to…