Advertisement
YOU ARE HERE: LAT HomeCollectionsCouncil Of Institutional Investors
IN THE NEWS

Council Of Institutional Investors

FEATURED ARTICLES
BUSINESS
April 19, 1995 | DONALD W. NAUSS, TIMES STAFF WRITER
Opposition to Kirk Kerkorian's $22.8-billion gambit to acquire Chrysler Corp. mounted Tuesday when 18 major public pension funds expressed support for the company's management. The Council of Institutional Investors, a Washington-based organization that represents public pension funds nationwide, sent a letter to Chrysler's board indicating opposition to Kerkorian's $55-a-share offer.
ARTICLES BY DATE
BUSINESS
April 19, 1995 | DONALD W. NAUSS, TIMES STAFF WRITER
Opposition to Kirk Kerkorian's $22.8-billion gambit to acquire Chrysler Corp. mounted Tuesday when 18 major public pension funds expressed support for the company's management. The Council of Institutional Investors, a Washington-based organization that represents public pension funds nationwide, sent a letter to Chrysler's board indicating opposition to Kerkorian's $55-a-share offer.
Advertisement
BUSINESS
December 18, 1986
A group of investors holding more than 7 million shares of General Motors stock demanded that GM explain further its $700-million buyout of Texas billionaire H. Ross Perot and his ouster from the GM board. "GM has a lot of explaining to do," said Harrison Goldin, the New York City comptroller and co-chairman of the investor group, the Council of Institutional Investors.
BUSINESS
January 29, 1987
General Motors Chairman Roger B. Smith met with members of the Council of Institutional Investors, but failed to mollify their anger over the auto maker's $700-million buyout and ouster of former GM director H. Ross Perot, the Texas billionaire. Council officials said they would not try to undo the deal, but warned that the group might attempt to block future GM moves that they believe benefit one shareholder at the expense of other shareholders.
BUSINESS
September 22, 1994 | From Times Staff and Wire Reports
Some Shareholders Walk Out of Philip Morris Meeting: Representatives of six of the company's biggest institutional shareholders walked out because they felt the meeting was orchestrated and impeded serious dialogue. Shareholders, particularly union and public-employee pension funds, had been pressing for a meeting with Philip Morris managers to discuss splitting up the tobacco and food businesses and other issues.
BUSINESS
September 23, 1997 | (Bloomberg News)
The California Public Employees Retirement System and the Pennsylvania state pension fund said they may sue Columbia/HCA Healthcare Corp. directors over a government probe of the company that has sent shares plunging. Earlier at the Council of Institutional Investors conference in San Francisco, new Columbia Chairman and Chief Executive Thomas Frist assured fund officials he could resolve the probe and restore growth.
BUSINESS
March 27, 2004 | From Reuters
Roy E. Disney, the Walt Disney Co. shareholder trying to oust Chief Executive Michael Eisner, tried to tighten ties with other dissidents by offering to share information. Roy Disney said his family company, Shamrock, would "share ideas and information" with state pension funds and others, he said, declining to give details. His announcement at the spring meeting of the Council of Institutional Investors came as the group of state pension officials was arranging to meet with the Disney board.
BUSINESS
January 30, 1985
The newly formed group of 22 pension funds--including several from California--that calls itself the Council of Institutional Investors had sought a meeting with Phillips Petroleum and Mesa Petroleum Chairman T. Boone Pickens. The group wants to discuss its concerns over a pact that Pickens and Phillips negotiated recently to end a takeover attempt of Phillips. Noting that such a meeting "is the type of thing that Mr.
BUSINESS
March 26, 2002 | Bloomberg News
Hewlett-Packard Co. director Walter Hewlett estimated the company spent $150 million to override the opposition he led to the proposed $20-billion acquisition of Compaq Corp. Hewlett disclosed the estimate at a meeting of the Council of Institutional Investors, a group of large pension fund managers, drawing gasps from many in the audience.
BUSINESS
March 29, 1996 | From Bloomberg Business News
The California Public Employees' Retirement System, the largest public pension fund in the United States, called on British fund managers to set up a shareholder activist group to boost performance of British corporations. The $97-billion pension fund, known as CalPERS, called for a shareholder group similar to the Council of Institutional Investors in the United States as part of a new campaign to spread its shareholder activism to international companies.
BUSINESS
June 13, 2006 | From Bloomberg News
Pension fund managers made new demands for information about improperly awarded stock options Monday as disclosures by Monster Worldwide Inc. and Broadcom Corp. brought the tally of companies that acknowledged being under investigation to 45. Equinix Inc., Cyberonics Inc. and Applied Micro Circuits Corp. also announced probes Monday. The Council of Institutional Investors, following the California Public Employees' Retirement System and the AFL-CIO, has asked 1,500 U.S.
Los Angeles Times Articles
|