Activist Updates: ABN AMRO (ABN) and Take-Two Interactive (TTWO)
From 13D Tracker Updates on a couple of activist situations: ABN AMRO Holding (NYSE: ABN) is higher today on reports from the Times of London that Barclays PLC has hired advisors in an attempt to buy the rival bank. ABN…
From 13D Tracker
Updates on a couple of activist situations:
Take-Two Interactive Software, Inc. (NASDAQ: TTWO) is higher after the company said it postponed its annual meeting, saying it needs additional time to review the proposed actions of an activist shareholder group and also to evaluate alternative courses of actions that could potentially be presented to the shareholders, including a possible sale of the Company. Recently, the shareholder group of SAC Capital, OppenheimerFunds, D. E. Shaw and Tudor Investment said they will vote to elect six members to the board of directors and vote to reduce the size of the Board from nine to six.
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Douglas A. McIntyre is the co-founder, chief executive officer and editor in chief of 24/7 Wall St. and 24/7 Tempo. He has held these jobs since 2006.
McIntyre has written thousands of articles for 24/7 Wall St. He is an expert on corporate finance, the automotive industry, media companies and international finance. He has edited articles on national demographics, sports, personal income and travel.
His work has been quoted or mentioned in The New York Times, The Wall Street Journal, Los Angeles Times, The Washington Post, NBC News, Time, The New Yorker, HuffPost USA Today, Business Insider, Yahoo, AOL, MarketWatch, The Atlantic, Bloomberg, New York Post, Chicago Tribune, Forbes, The Guardian and many other major publications. McIntyre has been a guest on CNBC, the BBC and television and radio stations across the country.
A magna cum laude graduate of Harvard College, McIntyre also was president of The Harvard Advocate. Founded in 1866, the Advocate is the oldest college publication in the United States.
TheStreet.com, Comps.com and Edgar Online are some of the public companies for which McIntyre served on the board of directors. He was a Vicinity Corporation board member when the company was sold to Microsoft in 2002. He served on the audit committees of some of these companies.
McIntyre has been the CEO of FutureSource, a provider of trading terminals and news to commodities and futures traders. He was president of Switchboard, the online phone directory company. He served as chairman and CEO of On2 Technologies, the video compression company that provided video compression software for Adobe’s Flash. Google bought On2 in 2009.
