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Exact(15)
Coniston Partners, a hedge fund, bought a chunk of stock and agitated for a breakup.
Mr Malone was squared through a deal that gave him a large chunk of stock in the merged company.
But patient investors can benefit from "liquidity events" when a chunk of stock is suddenly on offer.
That is because a big chunk of stock held by insiders in companies that went public in 1999 is about to be unlocked.
Half a million homes were sold in Scotland, we lost a huge, huge chunk of stock, and as house prices began to escalate so any asset to the community has gone.
Even if YES gave the Mets more than the $40 million-plus they get annually from FSNY, and a chunk of stock, would Wilpon want his team on the Steinbrenner network?
Similar(45)
Moreover, like Blackstone, Glencore may sell chunks of stock to sovereign wealth funds.
Now boards are under pressure to tighten the rules that speed up the ability of departing executives to cash out big chunks of stock.
Chief executives rarely sell large chunks of stock, especially in down markets, because shareholders often consider it a vote of nonconfidence.
For those on the highest rungs -- executives and company founders who receive huge chunks of stock as part of their annual compensation -- a form of such hedging is already available.
There were reports of wealthy financiers, like the Bass family of Texas, selling huge chunks of stock in a scramble to raise cash to pay off margin loans or other obligations.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com