Shareholder Activism

BROOMFIELD, Colo. – October 30, 2026 -- Vail Resorts' board is urging shareholders to back all nine of its director nominees and reject four candidates put forward by Oasis Management, arguing the activist slate would put a 17-month turnaround at risk ahead of the Dec. 14, 2026 Annual Meeting of Stockholders.

The NYSE-listed operator (MTN) has filed its definitive proxy statement with the U.S. Securities and Exchange Commission. Holders of record as of Oct. 19, 2026 are entitled to vote. The board is asking for votes on the WHITE proxy card.

New York – October 29, 2026 -- Shareholders of Better Home & Finance (NASDAQ: BETR) removed five of the company's eight directors, including Interim CEO Daniel Lewis, after holders of a majority of outstanding shares consented to founder Vishal Garg's solicitation, according to a commentary from proxy adviser Egan-Jones.

Better confirmed the majority consent on October 5, ending the board contest

The reconstituted board is now cut to five seats. The result does not by itself reinstate Garg as CEO. It gives the board access to his product and strategy expertise while the company settles its permanent leadership.

Egan-Jones recommended that shareholders consent FOR the solicitation in its September 15, 2026 research report. The two other leading proxy advisory firms sided with the incumbent board.

LONDON – October 14, 2026 -- Corvex Management, Whitbread's largest active shareholder with c.6.4% of ordinary shares, is urging investors to back its resolution to elect Partner James Gemmel to the board as the hotel group commits to a further c.£2.5bn of capital expenditure.

Corvex holds an economic interest of approximately 7% in Whitbread PLC. The fund manager responded to the company's interim results, saying they do not change its core concerns about capital allocation.

Corvex says record capex is funded by record sale-and-leasebacks

Whitbread is guiding to all-time high capital expenditure this year, according to Corvex. The investor says the spending is funded by all-time high sale-and-leasebacks. It also notes that pre-tax profit has fallen and that UK gilt yields sit near two-decade highs.

Corvex acknowledged RevPAR strength across the portfolio, but said the results leave its position unchanged.

St. Helier – September 29, 2026 -- Petrus Advisers, which holds roughly 3.8% of Iveco Group N.V. shares, has publicly rejected Tata Motors' all-cash voluntary tender offer of €14.10 per share, arguing the bid fails to reflect fair value for Iveco shareholders.

Petrus says the offer undervalues Iveco against industry peers

In a presentation released today, Petrus Legal Strategies (Jersey) Limited and Petrus Advisers Limited outlined three core objections to the transaction. The investment firm argues the €14.10 price sits below comparable valuations for peer companies in the commercial vehicle sector.

Houston – September 24, 2026 -- KLX Energy Services Holdings, Inc. (NASDAQ: KLXE) has adopted a limited-duration stockholder rights plan effective immediately, setting a 10% beneficial ownership trigger after a single investor sought to acquire as much as 30% of the company through a recently expired $125 million rights offering.

Board Cites Investor's History of Pursuing Takeovers After Building Stakes

KLX's Board said the plan responds to the rapid accumulation of common stock by a new investor who requested permission to purchase shares beyond the 9.995% ownership cap set under the company's Backstopped Equity Rights Offering. The company described the investor as having a documented pattern of acquiring large equity positions in public companies before pursuing unsolicited acquisition proposals or tender offers for those companies or their assets.

New York – September 19, 2026 -- Eucalyptus Resources Opportunities Fund 1, LP said its slate of four director nominees at TNR Gold Corp. (TSXV: TNR) has secured support from over 45% of shares ahead of a September 19, 2026, 9:00 p.m. Eastern Time proxy voting deadline, up from roughly 43% disclosed just two days earlier.

Dallas – September 17, 2026 -- Toby R. Neugebauer, together with Vicksburg Investments Management LLC and the Melissa A. Neugebauer 2020 Trust, has filed a formal SEC Rule 14a-8 shareholder proposal demanding Fermi Inc. (Nasdaq: FRMI) retain an independent, nationally recognized investment bank to review the full range of extraordinary transactions available to the company, including a full-value sale or majority recapitalization. The Fermi Founder Parties, who hold approximately 22% of shares outstanding, submitted the proposal September 10 ahead of the company's October 30 Annual Meeting, following a letter to the Board on September 9 and a detailed presentation on September 10.