And then there is Pirate Capital, a hedge fund whose name says it all.
Afweyne raised venture capital for his pirate operations, Bahadur writes, "as if he were launching a Wall Street I.P.O".
Another activist fund, Pirate Capital, called last month for the separation of the chairman and chief executive positions and the elimination of the staggered board system.
This month, another hedge fund, Pirate Capital, sent a letter to the company seeking to remove the company's staggered board system and calling for the separation of the chairman and chief executive positions.
The offer had been promptly rejected by NRG when it was made in late May, but since then some of Mirant's larger investors, including Pirate Capital, a hedge fund, had also voiced strong opposition to the deal.A trade commission in the United States is to investigate whether Apple Computer's iPod infringes a patent held by Creative Technology, which makes a rival music-player.
Pirate Capital | Thomas Hudson.
Months later Pirate Capital pushed Dan to find a buyer for the entire company.
For two years one of these gadflies, hedge fund Pirate Capital, has pushed for an overhaul at GenCorp, an aerospace and weapons developer, shelling out $70 million for a 9% stake.
The L men Lifflander and Lande are joined in this ruckus by another dissident fund, Pirate Capital, whose chief, Thomas Hudson, won a seat on the Brink's board in May.
Rates of theft around Asia have risen precipitously in recent years, making the region the pirate capital of the world.
