jana partners

CNET’s Proxy Fight Update: Court Upholds Jana’s Right To Nominate Board - 0 Comments
Posted By Rafat Ali - Tue 13 May 2008 04:01 PM PST

CNET (NSDQ: CNET) Networks, whose proxy fight with the consortium led by Jana Partners has been quiet for the last few weeks, is now in overdrive again: the Supreme Court…

Updated: Jana Offers CNET Plan: Slams Management; Wants More Social Media; Settlement Rejected - 3 Comments
Posted By Joseph Weisenthal - Tue 01 Apr 2008 07:40 AM PST

Updated below after the jump, response from CNET The ultimate dis: CNET (NSDQ: CNET) is stuck in Web 1.0. That’s according to activist investor Jana Partners in a new white…

Updated: Jana On CNET Reorg: Timing ‘Astounding’; Task Force Led By Wrong Party; CNET Response - 0 Comments
Posted By Joseph Weisenthal - Thu 27 Mar 2008 06:20 AM PST

Jana Partners, the activist group going after CNET (NSDQ: CNET), has published a letter commenting on the company’s latest layoffs and reorganization. The firm says it is “astounding” that it…

CNET Will Appeal Court Ruling On Jana - 0 Comments
Posted By Joseph Weisenthal - Mon 17 Mar 2008 02:10 PM PST

As it hinted last week, CNET (NSDQ: CNET) says it will appeal the Delaware Chancery Court ruling allowing Jana Partners to nominate a slate of board candidates. Since the ruling…

Jana’s Obama-esque Message To CNET: Time For Change - 0 Comments
Posted By Rafat Ali - Mon 17 Mar 2008 08:23 AM PST

Jana Partners the hedge fund railing for a change at the board level at CNET Networks, has sent an open letter to CNET’s management, after a court victory last week. …

CNET’s Internal Communication On Yesterday’s Court Ruling: We Are Not Alone In The Chess Match - 0 Comments
Posted By Rafat Ali - Fri 14 Mar 2008 08:37 AM PST

After the court ruling defeat yesterday, CNET Networks CEO Neil Ashe sent out an internal e-mail to employees explaining the management’s stance. The e-mail was filed with SEC earlier this…

Updated: CNET: Court Affirms Jana’s Right To Nominate Directors; CNET Considering Appeal - 0 Comments
Posted By Joseph Weisenthal - Thu 13 Mar 2008 09:42 AM PST

Note: The ruling from Delaware court is embedded below (RSS readers will have to click through). A big win for the investor group trying to shake things up at CNET……

Sandell Ups CNET Stake To 2.3 Percent; Jana’s Stake Inches Higher; Total Interest Nearing 23 Percent - 0 Comments
Posted By Joseph Weisenthal - Wed 16 Jan 2008 04:19 PM PST

The activist investors looking to shake up CNET (NSDQ: CNET) continue to accumulate their holdings, undeterred by the roadblocks put up by the company. Sandell Asset Management said in a…

CNET-Jana: The Legal Road Ahead - 0 Comments
Posted By Joseph Weisenthal - Fri 11 Jan 2008 02:26 PM PST

The flurry of activity, this week, surrounding CNET (NSDQ: CNET) and a group of activist investors, may prove nothing more than the opening skirmish of a long, protracted war. On…

Jana Partners Increases Stake in CNET; Up To 10 Percent; Positions Harden - 0 Comments
Posted By Rafat Ali - Wed 09 Jan 2008 02:05 PM PST

More to come: Jana Partners, part of the consortium trying to push CNET (NSDQ: CNET) Networks into a board change, has increased its stake in the company. It now holds…

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Updated: CNET Networks Bracing Up For a Proxy Fight; Could Face Investor Takeover - 1 Comment
Posted By Rafat Ali - Mon 07 Jan 2008 12:58 AM PST

This discontent has been brewing for a while, and now, some investors are taking action: A consortium of investment funds has amassed a 21 percent stake in CNET (NSDQ: CNET)…