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The embattled company intends to sell up to $30 billion of assets to settle its bills.
February 21 2013 February 23 201313 The embattled company gets back on its feet by presenting the first and finest opera by the brilliant Thomas Adès ("The Tempest"), which premièred in New York at the BAM Harvey Theatre as part of the 1998 Next Wave Festival.
"Companies are wondering whether they too will wake up one morning to find a raider-activist tag-team wielding a stealth block of their stocks," harrumphs a memo from Wachtell, Lipton, Rosen & Katz, the law firm that invented the "poison-pill defence" and which regularly advises embattled company bosses.
Musk has long chafed at Tesla's public ownership, which allows the company to raise money from shareholders on the open market, because it comes with public disclosure requirements that have forced Musk to routinely defend the embattled company to analysts, journalists and investors.
The embattled company said it lost 36.9bn reais, or $10.2bn, in the fourth quarter.
On BP, Mr. Podesta has acted mainly as a liaison between Congressional investigators and the embattled company.
SeaWorld Entertainment chief executive officer Jim Atchison is stepping down from his post, the embattled company announced on Thursday.
The emergence of BP chief executive Tony Hayward as the public face of the oil giant further inflamed public sentiment against the embattled company.
At its annual shareholder meeting in Oklahoma City on Friday, Chesapeake Energy will confront an army of angry institutional investors shouting for a shakeup at the embattled company.
The emergence of BP's British chief executive, Tony Hayward, as the public face of the oil giant further inflamed public sentiment against the embattled company.
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Expect future embattled companies to choose the recess option.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com