-
By Staff Writer |
June 19, 2006
NEW YORK (HedgeWorld.com)--After a series of overtures to the management of Houston Exploration Co. and a vote-withhold campaign before the annual meeting in April, the hedge fund Jana Partners has decided to go ahead and offer to buy the Texas-based oil and gas company for $62 per share, cash. The...
-
By Staff Writer |
June 5, 2006
NEW YORK (HedgeWorld.com)--Barry Rosenstein, managing partner of Jana Partners LLC, cranked his campaign against the incumbent board of Houston Exploration Co. up a notch Thursday [June 1] with a demand under Delaware law for certain books and records that may, Mr. Rosenstein suggested, disclose breaches of that board's fiduciary obligations....
-
By Staff Writer |
May 8, 2006
NEW YORK (HedgeWorld.com)--Jana Partners LLC declared a victory for its own campaign to persuade shareholders to withhold their votes from the board of directors of the Houston Exploration Co., while the company itself appeared unmoved. A dispute has arisen because on April 7, 2005, the Houston-based company, an independent natural...
-
By James J. Green, AdvisorOne |
June 29, 2005
Capacity becoming an issue in hedge fund industry