More CEOs fed up with Delaware and its powerful Chancery Court are going the way of Elon Musk, reincorporating their companies elsewhere and publicly airing their frustrations.
On Friday, Feb. 7, hedge fund manager Bill Ackman took to social media platform X (formerly Twitter) to reveal his firm's newest stock position. This is quite unusual, as investors typically need to ...
His clientele underscores how, for more than a century, the First State has been the mecca of U.S. corporate law—roughly ...
Uber stock hit its highest level since October after Ackman disclosed his Pershing Square hedge fund accumulated a 1.4% stake ...
File-sharing service Dropbox unveiled plans last Friday to move its incorporation from Delaware to Nevada. The San Francisco-based tech firm said in a securities filing that it’s in a transformational ...
Meta Platforms, the parent company of Facebook, Instagram and other social media platforms, is in discussions to move its incorporation from Delaware, The Wall Street Journal reported last week.
For more than a century Delaware has boasted the premier US business court, as legal home to most Fortune 500 companies and ...
As Delaware, long considered a business-friendly state, faces a potential corporate revolt, Gov. Matt Meyer tells BI change ...
Bill Ackman, the billionaire hedge fund manager and CEO of Pershing Square Capital Management.Adam Jeffery/CNBC via Getty ...
Billionaire investor Bill Ackman announced that his investment firm, Pershing Square, is reincorporating in Nevada, signaling ...