Posts filtered by tags: Alex Captain founder of Cat Rock[x]


 

Just Eat Urged to Seek Merger by Shareholder Cat Rock

The Greenwich, Connecticut-based investment firm sent an open letter to Just Eat’s board of directors saying it made a mistake in appointing Peter Plumb as CEO in 2017. “You basically have a situation where you can get a world-class CEO and delivery capabilities, while also potentially securing a premium valuation for shareholders,” Alex Captain, founder of Cat Rock, said in a phone interview. Plumb stepped down last month, and Cat Rock said Just Eat has ignored two suggestions of potential re...
Tags: Science, Greenwich Connecticut, Peter Plumb, Alex Captain founder of Cat Rock, Cat Rock


Just Eat Told to Speed Up, Ditch Assets by U.S. Hedge Fund

Cat Rock Capital Management LP recommended Just Eat’s board considers selling its minority stake in Brazilian startup iFood, arguing it could generate up to 650 million pounds ($755 million) that could potentially be returned to investors. “Further delays in planning and decision-making will only continue to destroy shareholder value,” Alex Captain, founder of Cat Rock, said in a statement on Monday. The food delivery operation of Uber Technologies Inc. is looking to expand how users can pay f...
Tags: Science, Uber Technologies Inc, U S Hedge Fund, Alex Captain founder of Cat Rock