Proxy Firm: Norfolk Shareholders Should Split Ticket in Vote
Norfolk Southern's CEO won support from adviser Institutional Shareholder Services before a shareholder vote on an activist-driven push to replace the railroad’s leadership team.
Cleveland-Cliffs Backs Ancora in Norfolk Southern Fight
Cleveland-Cliffs Inc., a major customer of Norfolk Southern Corp., has backed activist investor Ancora Holdings Group in its effort to overhaul the board of the railway company.
Amazon Brand Owner Heyday Raises $555 Million in Funding Round
Heyday, a platform that buys and builds consumer brands that sell on Amazon .com Inc., raised $555 million in a funding round led by Raine Group and Indian tycoon Azim Premji’s investment firm.
$10 Billion Rivian IPO Would Be Seventh-Largest on Record
Rivian Automotive Inc., the electric truck maker backed by Amazon .com Inc., has elevated the marketed range of its initial public offering to raise as much as $10 billion.
EV Battery Maker SES Agrees to Go Public Via Ivanhoe SPAC
Battery maker SES Holdings Pte has agreed to go public by merging with Ivanhoe Capital Acquisition Corp. in a deal that will value the combined company at about $3.6 billion.
EV Charger Maker Tritium Going Public in SPAC Merger Deal
Tritium, which makes fast chargers for electric vehicles, has reached an agreement to go public through a merger with blank-check company Decarbonization Plus Acquisition Corp. II.