In a blistering letter, Appaloosa Management’s David Tepper accused Whirlpool (NYSE: WHR) of “destroying hundreds of millions of dollars of shareholder value” through a dilutive recapitalization strategy that he claims prioritizes management’s job security over investor returns. Will Tepper’s push be successful or will shareholders continue to suffer?
Insight that Drives the Boardroom
Stay ahead with data-backed research, governance analysis, and expert commentary for investors, activists, and corporate leaders.
Activism & Governance
Beretta Seeks (and Will Likely Get) a Boardroom Overhaul at Sturm, Ruger & Co.
Beretta Holding S.A. moves for board control at Sturm, Ruger & Co. (RGR), citing underperformance and a board that is only out for themselves.
PENN Entertainment Settles Bitter HG Vora Feud: A Three-Seat Ransom to End Litigation
After a 2025 proxy battle that moved from the ballot box to the federal courtroom, PENN Entertainment has finally blinked. By expanding its board to 11 seats and appointing three HG Vora-backed directors, PENN has traded immediate board influence for a tactical peace. But is this a strategic refresh or a “boardroom receivership” meant to audit the company’s struggling digital pivot? We go behind the 8-K to break down the winners, the losers, and the “ransom” paid to end the most contentious saga in gaming today.
Anson Funds on a Roll with Clear Channel Outdoor Sale and SPS Commerce Deal
In only a few short years Anson Funds has established a track record of successful outcomes. The Clear Channel Outdoor sale and SPS Commerce deals add further proof.
Weekly Boardroom & Executive Moves: November 28, 2025
CEO turmoil at Children’s Place & Six Flags amid massive losses. See key executive and board changes at Dell, Keurig Dr Pepper, and more this week.
Weekly Boardroom & Executive Moves: November 21, 2025
Key leadership changes this week: Citi names Gonzalo Luchetti CFO, Xerox appoints Chuck Butler CFO amid losses, and Irenic gets a board seat at Aktore.
Weekly Boardroom & Executive Moves: November 7, 2025
CarMax CEO William Nash exits after -58% TSR; 1-800-FLOWERS, DENTSPLY, Kenvue, and HighPeak make key leadership changes amid pressure.
Elon Musk vs. Proxy Advisors: Control, Complexity, and the Corporate Governance Clash
Tesla and Elon Musk’s fight with proxy advisors ISS and Glass Lewis has become a flashpoint in the broader battle over who really controls corporate governance. The All-In Podcast crew is the latest to join the chorus of critics.
Weekly Boardroom & Executive Moves: October 24–31, 2025
Organon CEO Kevin Ali exits amid losses; FISERV, NXP, and Murphy USA announce major leadership changes. See this week’s key board and executive moves.
Executive Moves Update – October 24, 2025
Baxter COO Heather Knight exits amid losses; Textron names Lisa Atherton CEO; Citi elevates Jane Fraser to Chair. See this week’s top boardroom moves.
SPAC & IPO Analysis
Daily SPAC Update – April 29, 2026
Collective Acquisition Corp. II (CAII) launched its $220 million IPO today, targeting high-potential sectors like technology and healthcare. In executive moves, Roger Bendelac was appointed CEO of both Drugs Made in America Acquisition Corp (DMAA) and Drugs Made in America Acquisition II Corp (DMII), with Saleem Elmasri as CFO. Meanwhile, General Purpose Acquisition Corp (GPAC) saw a significant decline of 22.9%, closing at $9.96, while Aimei Health Technology Co Ltd (AFJK) gained 2.7% to $46.12.
Daily SPAC Update – April 28, 2026
SPAC IPOs Look Stalled Again as Irenic’s $220M IPO Only Makes it Seven. Miluna Acquisition + CADV.AI Deal. Prophyte Extension Vote to Add 12 More Months.
Daily SPAC Update – April 21, 2026
TLGY Extends to October. Archimedes Tech SPAC II Deal with Nano Forge. New GigCapital7 Investor Deck as Deal Re-Valued at $600 Million.
Daily SPAC Update – April 20, 2026
Piermont Announces Deal with Tigerless Health. Climaterock sets extension vote. Horizon Space Extension Vote Today. Suma, TRG Latin America, and MOZAYYX Separate Trading.
Daily SPAC Update – April 16, 2026
Gigcapital 7 Sets Deal Vote for May 7. New Investor Decks for Spring Valley III + General Fusion and Bleichroeder II + Pasqal.
Daily SPAC Update – April 15, 2026
Two New SPAC IPOs as NewHold Investment IV and QuasarEdge Acquisition 2 Debut. Drugs Made in America Sets Extension Vote. TLGY Extension Vote.
Daily SPAC Update – April 14, 2026
Two SPAC Deals as Sizzle Acquisition II + Trasteel Holdings and Investcorp AI + Blue Finance are Announced. Maywood II $100M IPO. 5 SPACs Set for Separate Trading This Week.
Daily SPAC Update – April 13, 2026
$50 Million Deal Termination Payment Due as Dynamix and The Ether Reserve Call Off Deal. Aparadise Sets Deal Vote for May 1.
Daily SPAC Update – April 10, 2026
Willow Lane Deal Vote Set for April 30. Constellation + HiTech Deal Announced. Averin Capital Separate Trading Today; Four More SPACs Separate Next Week.
Daily SPAC Update – April 6, 2026
Idea Acquisition, Proem Acquisition, Willow Lane II Separate Trading. Hennessy Capital Investment VII Investor Deck.