SoftBank to raise $41 billion to expand share buyback, cut debt

On Monday, SoftBank Group Corp (9984.T) stated it is monetizing or selling up to 4.5 trillion yen ($41 billion) in properties to redeem 2 trillion yen of its shares and minimize debt, sending its stock skyrocketing to its greatest day-to-day gain in almost 12 years. The share buyback will remain in addition to the up […]

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Starboard nominates four to eBay’s board, wants outsider as CEO

Activist investor Starboard Value is pressuring eBay for the second time in two years and said on Thursday that it plans to install four directors on the e-commerce company’s 14 member board. The hedge fund, which last year helped fill one board seat, said the board had been slow in changing its chief executive and […]

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