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Just Eat Shareholder Wants Merger With Rival Instead Of Hunt For Ceo | Business
Just Eat, the British online takeaway service, has come under fresh pressure from an activist investor, which is calling for it to merge with a rival rather than appoint a new chief executive. Cat Rock Capital Management, a US hedge fund that owns a 1.9% stake in Just Eat, sent an open letter to its board to demand a merger with another online food delivery company within the next few months. Full investment news article
Oppenheimer Asset Management Inc. Has $680,000 Holdings In Enbridge Inc (enb)
Oppenheimer Asset Management Inc. decreased its position in Enbridge Inc (NYSE:ENB) (TSE:ENB) by 23.0% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 21,863 shares of the pipeline company’s stock after selling 6,521 shares during the quarter. Oppenheimer Asset Management Inc.’s holdings in Enbridge were worth $680,000 at the end of the most recent quarter. Several other hedge funds have also recently added to or reduced their stakes in the ... Full investment news article
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Oppenheimer & Co,