Texas Instruments has become the latest company targeted by activist investor Elliott, which has taken a $2.5 billion stake in the chipmaker.
This report is from today's CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. Like what you see? You can subscribefor the first time, driven by a surge in Nvidia shares, in an otherwise lackluster day for the market.
Exxon's troubles began when it pursued legal action against two activist investors, Arjuna Capital and Follow This, which had submitted al after legal action was initiated, Exxon persists in its lawsuit, telling the Financial Times that the climate activists intended to "" the company. In a statement to CNBC, Exxon claimed Arjuna and Follow This are attempting to "silence the voices of up to 90% of our voting shareholders who have rejected the proposal twice.
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