US files lawsuit against ValueAct to define activism
A US government lawsuit against one of the biggest activist hedge funds could provide more clarity in a long-running debate over exactly what it means to be an activist investor.
Tags: US
The Justice Department has sued to stop Halliburton from acquiring oilfield services rival Baker Hughes, claiming it would eliminate critical competition in the energy market.
The US Treasury Department intends to soon issue a long-delayed rule forcing banks to seek the identities of people behind shell company account holders, after the "Panama Papers" leak.
The U.S. judge who oversaw the investigation that led to the resignation of former CIA director David Petraeus is giving the Justice Department until Friday to ask her to keep secret any court documents that were part of the case.
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