Tag: FedEx
This Blog's on Fire (And Other Stuff)
More on activist investor Ackman and ADT
July 17, 2013Tess Nacelewicz
There was additional speculation this week about whether activist hedge-fund manager William Ackman is intending to take a stake in The ADT Corp. An article in The New York Times said that his investing in the home security/home automation giant is more likely than his buying into FedEx, another company he is rumored to be considering.
The article said that's basically because Ackman would have less say in FedEx, a much larger company than ADT, where he could wield greater influence.
There's...
EGD secures $42.5m
September 8, 2011Martha Entwistle
COLUMBIA, S.C.—Electric Guard Dog, based here, a manufacturer and installer of a solar-powered perimeter security system that is electrified and monitored by a central station, announced this week that it secured a new $42.5 million credit facility with CapitalSource.
The new facility represents a $12.4 million increase to its existing credit facility. CapitalSource managing director Will Schmidt said EGD has “found a way to build significant RMR by providing perimeter protection, an...