News
The Activist Investor Behind the Exit of Peloton’s Founder Isn’t Happy with theCompany’s Changes So Far, and Says ‘The Best Option is to Sell’
Peloton Activist Blackwells Capital Takes Aim at New CEO, Again Pushes for Sale
Peloton’s New CEO Slammed by Activist Investor Blackwells Capital
Peloton Needs to Explore a Sale, Investor Says
Activist investor Blackwells Capital reiterated its push for Peloton Interactive Inc. PTON -4.57%decrease; red down pointing triangle to consider a sale, saying in a presentation that the company has made little progress under new CEO Barry McCarthy. The investor said Mr. McCarthy, who took over in February, has made no substantial changes, and that the former chief executive officer and his…
Read MorePeloton activist investor slams new CEO, John Foley in call for sale
Tables Turn in Zell-Portnoy Battle for REIT Supremacy
In 2014, the Portnoy real estate empire faced a stunning defeat when an activist investor and property mogul Sam Zell took over the board of CommonWealth REIT. That year Keith Meister’s activist fund Corvex Management LP and investor Related Fund Management LLC replaced Commonwealth REIT’s directors, ousting Adam Portnoy and his father, Barry, from the board and installing Zell as…
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