Mark Rachesky News
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Navistar International Corp. rose the most in more than four years after naming a new chief executive officer who said the money-losing truckmaker may return to 2011 market share as soon as the fourth quarter.
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When hedge-fund investor Mark Rachesky faced off against Carl Icahn in a battle for Lions Gate Entertainment Corp., he knew his adversary well.
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As Carl Icahn presses his hostile takeover bid for Lions Gate Entertainment Corp., he’s finding his biggest obstacle isn’t a “poison pill” or management -- it’s former protégé Mark Rachesky, the largest stockholder.
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Lions Gate Entertainment Corp., creator of the “Mad Men” television drama, named its largest shareholder Mark Rachesky as co-chairman of the board.
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Navistar International Corp., the truckmaker trying to end losses, averted a proxy fight with investor Carl Icahn by agreeing to add three new directors. The shares surged.
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Carl Icahn , who has made a hostile bid for Lions Gate Entertainment Corp., told a judge through his lawyer he will seek to block board member Mark Rachesky from voting his shares at the studio’s Dec. 14 annual meeting.
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Carl Icahn sued Lions Gate Entertainment Corp. in Canada and New York to reverse a debt- for-equity swap between the Vancouver-based movie studio and board member Mark Rachesky .
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Navistar International Corp., which is trying to develop a heavy-truck engine that meets 2010 U.S. emission standards, rose as much as 6.1 percent after an activist investor boosted his stake.
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Navistar International Corp. has gone from being more creditworthy than its peers to less in the past 3 weeks as a drop in earnings signal troubles beyond its bet on a new engine that has yet to win regulatory approval.
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Navistar International Corp., the truckmaker trying to end losses, rose to its highest price in more than two months after an employee of investor Carl Icahn was named to the company’s board.
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