Business Magazine

Report: Web.com Largest Shareholder Could Be Activisit & Shake Up The Board

Posted on the 09 February 2015 by Worldwide @thedomains

According to TheFly.com FBR Capital says Okumus Fund Management, Web.com’s (WWWW) largest shareholder, could potentially take a more activist stance going forward.

“FBR added that it would not be surprised if announcements were made soon, potentially including a change in the board composition, a review of the company’s operations, accelerating share buyback activity, or the exploration of strategic alternatives.

FBR & Co. (Nasdaq:FBRC) provides investment banking, merger and acquisition advisory, institutional brokerage, and research services through its subsidiary FBR Capital Markets & Co. FBR focuses capital and financial expertise

FBR is headquartered in the Washington, D.C. metropolitan area with offices throughout the United States.


You Might Also Like :

Back to Featured Articles on Logo Paperblog

These articles might interest you :

Magazines