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Harmonic, Ancora
Harmonic gains as activist Ancora calls for sale (update)
Harmonic Inc. (NASDAQ:HLIT) rose 1.3% as activist investor Ancora Holdings confirmed it's pushing the video streaming software company to explore a sale. The activist wants Harmonic (HLIT) to start a strategic review and argues that the company would receive a lot of interest in a sales process,
Ancora urges Harmonic to explore sale
Ancora Holdings Group, a significant shareholder of Harmonic, has released a presentation detailing what it believes is an opportunity for significant near-term
Harmonic Investors Urge Company To Investigate Possible Sale
Last November, Harmonic said it was considering selling its video business and has received interest from several potential buyers. In Q3, the company’s video division posted quarterly revenue of $51.4 million, a 20% decline, on total quarterly revenue of $127.7 million.
Investor Ancora urges Harmonic to explore sale
Ancora suggested Ciena, a networking systems and software company, as a possible suitor. Harmonic chairman Patrick Gallagher sits on the boards of both companies
Activist Ancora Urges Harmonic to Explore Sale
Ancora Holdings Group is calling on broadband and video services provider Harmonic Inc. to explore a sale, people familiar with the matter said.The activist investor wants San Jose, California-based Harmonic to initiate a strategic review and believes it would attract significant interest in a sale process,
Harmonic rises as activist investor pushes for sale
Harmonic Inc. shares rose Monday, currently up around 1.6% following pressure from activist investor Ancora Holdings Group, which has called for the company to explore strategic alternatives, including a potential sale.
5d
on MSN
Ancora, Norfolk Southern strike settlement deal to avert proxy fight
Norfolk Southern and activist investor Ancora struck a deal to avert a proxy fight at the railroad. Norfolk's board will ...
5d
on MSN
Norfolk Southern makes deal with investors to prevent another fight for control of the railroad
Norfolk Southern says it has a deal with Ancora Holdings to keep the investor from launching a repeat of this year’s campaign ...
Crain's Cleveland Business
5d
Norfolk Southern to add board member in deal with activist Ancora Holdings
The Atlanta-based railroad operator announced Thursday, Nov. 14, that under a cooperation agreement reached following what it ...
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