activistletters
Phillips 66 (PSX) Elliott Investment Management Demands Portfolio Streamlining and Stronger Oversight to Unlock Value
Summary
Elliott Investment Management nominated seven directors to Phillips 66’s board, citing poor operational execution, weak capital allocation, and
activistletters
Elliott Investment Management L.P. Issues Detailed Investor Presentation On Phillips 66
Company Name: PHILLIPS 66
Symbol: PSX
Filing Date: Mar-06-2025
Filer Name: ELLIOTT INVESTMENT MANAGEMENT L.P.
Download PresentationElliott Investment -
activistletters
Ingevity (NGVT) Vision One Capital Pushes Full Performance Chemicals Exit, Slams Board’s Capital Allocation Missteps
Summary
Vision One Fund urged Ingevity (NGVT) to explore strategic alternatives, including a potential sale, citing poor stock performance, weak
activistletters
Vision One Fund, LP Issues Detailed Investor Presentation On Ingevity Corp
Company Name: INGEVITY CORP
Symbol: NGVT
Filing Date: Mar-06-2025
Filer Name: VISION ONE FUND, LP
Download PresentationVision One Fund Ingevity
activistletters
Brookdale Senior Living (BKD): Ortelius Advisors Nominates Six Directors, Cites Years of Underperformance and Governance Failures
Summary
Ortelius Advisors (1.3% holder) is nominating six directors to Brookdale Senior Living’s board, citing seven years of
activistletters
Ortelius Advisors, L.P. Sent Letter to the Stockholders of Brookdale Senior Living Inc.
Believes New and Energized Board Will Drive Urgent Change and Unlock Significant Value for Stockholders
Fellow Stockholders,
Ortelius Advisors, L.
activistletters
U.S. Steel (X) Ancora Urges Board to Delay Annual Meeting, Citing Litigation Over Blocked Nippon Sale
Summary
Ancora urges U.S. Steel to delay its 2025 annual meeting until after there’s clarity on the blocked
activistletters
Ancora Sent Letter to the Board of Directors of U.S. Steel
Ancora Urges U.S. Steel’s Board of Directors to Delay the 2025 Annual Meeting of Stockholders
Asserts Shareholders Need
activistletters
Signet Jewelers (SIG) Select Equity Urges Board to Explore Sale, Citing Strategic Missteps and Governance Failures
Summary
Select Equity Group (owns ~10% of Signet) is urging the board to explore a sale of the company due
activistletters
Select Equity Group, L.P. Sent Letter To The Board Of Directors Of Signet Jewelers Ltd
To the Board of Signet Jewelers,
Select Equity has had a long history as a major shareholder of Signet, most
activistletters
Ingevity (NGVT) Vision One Nominates Four Directors, Blasts Legacy Board for $872M in Value Destruction and Governance Failures
Summary
Vision One Fund, LP filed a Schedule 14A on February 25, 2025, nominating four candidates to Ingevity Corp’s
activistletters
Vision One Fund, LP Issues Detailed Investor Presentation On Ingevity Corp
Company Name: INGEVITY CORP
Symbol: NGVT
Filing Date: Feb-25-2025
Filer Name: VISION ONE FUND, LP
Download PresentationVision One-Fep-25-2025.pdf7 MBdownload-circle
activistletters
Lands’ End (LE) Edward Lampert Pushes for Sale, Says Market Undervalues Company Despite Operational Gains
Summary
Edward Lampert, who owns ~55% of Lands’ End, urges the Board to pursue a sale of the company to
activistletters
Letter from Edward S. Lampert to the Board of Directors of Lands' End, Inc.
Board of Directors
Lands’ End, Inc.
1 Lands’ End Lane
Dodgeville, Wisconsin
Dear Lands’ End Board of Directors:
I believe
activistletters
BML Urges Aadi Biosciences (AADI) Shareholders to Reject Dilutive 60% Deal, Cites Kraken $5+ Takeover Offer Board Ignored
Board of Directors and Shareholders
Aadi Biosciences, Inc.
17383 Sunset Boulevard Suite A250
Pacific Palisades, CA 90272
Dear Board Members
activistletters
BML Investment Partners, L.P. Sent Letter To The Board Of Directors Of Aadi Biosciences, Inc.
Board of Directors and Shareholders
Aadi Biosciences, Inc.
17383 Sunset Boulevard Suite A250
Pacific Palisades, CA 90272
Dear Board Members
activistletters
Dynavax Technologies (DVAX): Deep Track Capital (13.5% holder) Nominates Four Directors, Criticizes Acquisition Strategy and Governance
Summary
Deep Track Capital is nominating four directors to Dynavax’s board, criticizing the company’s acquisition strategy and governance.
activistletters
Deep Track issued a public letter to its fellow DVAX shareholders.
Deep Track Capital Nominates Four Highly Qualified Candidates for Election to Dynavax Technologies’ Board of Directors at 2025 Annual Meeting
