D.E. Shaw Scores a Win at Lowe’s: DealBook Briefing
- 6 years ago
D.E. Shaw Scores a Win at Lowe’s: DealBook Briefing
• Tom Buerkle writes, “Hundreds of cities hoped Amazon would think outside the box,
but a desire for talent and a welcoming environment led it to the usual hot spots.” (Breakingviews)
• Brian Alexander worries about how cities court big companies: “The way most cities pursue
that goal — by offering to forfeit enormous amounts of tax revenues — produces outcomes that have worried many economists for years.” (Atlantic)
questioned how the virtual currency’s volatility and potential illiquidity could be squared with exchange-traded funds, which
must calculate a fair market price for their portfolio at the end of every trading day and let investors cash out easily.
Here’s what Robert Niblock, Lowe’s chairman, said of the appointments in a statement:
“We are pleased to welcome David, Brian and Lisa as new independent directors to the Lowe’s board
and especially value the constructive discussions we have had with the D. E.
Backing the move is Quentin Koffey of D. E.
Shaw, who was part of the team at Elliott Management who scored a victory over Hess five years ago along with Mr. Batchelder.
• Tom Buerkle writes, “Hundreds of cities hoped Amazon would think outside the box,
but a desire for talent and a welcoming environment led it to the usual hot spots.” (Breakingviews)
• Brian Alexander worries about how cities court big companies: “The way most cities pursue
that goal — by offering to forfeit enormous amounts of tax revenues — produces outcomes that have worried many economists for years.” (Atlantic)
questioned how the virtual currency’s volatility and potential illiquidity could be squared with exchange-traded funds, which
must calculate a fair market price for their portfolio at the end of every trading day and let investors cash out easily.
Here’s what Robert Niblock, Lowe’s chairman, said of the appointments in a statement:
“We are pleased to welcome David, Brian and Lisa as new independent directors to the Lowe’s board
and especially value the constructive discussions we have had with the D. E.
Backing the move is Quentin Koffey of D. E.
Shaw, who was part of the team at Elliott Management who scored a victory over Hess five years ago along with Mr. Batchelder.