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Stock impact report

Exclusive: Ancora seeks four board seats at Elanco amid push for changes, sources say [Reuters]

C.H. Robinson Worldwide, Inc. (CHRW) 
Last c.h. robinson worldwide, inc. earnings: 4/28 04:15 pm Check Earnings Report
US:NASDAQ Investor Relations: investor.chrobinson.com
Company Research Source: Reuters
replace the chief executive at the company that makes medicines and vaccinations for pets and livestock, two people familiar with the matter told Reuters. Ancora nominated the director candidates, including one of the firm's executives, to Elanco's 12-person board and wants to oust CEO Jeffrey Simmons over what the activist investor calls poor performance, the sources said. Elanco, which was spun out of pharmaceutical company Eli Lilly (LLY.N) , opens new tab , is one of the world's leading developers and makers of animal health products and has a market value of $7.8 billion. At the end of December Ancora owned 10.5 million shares, or 2.13% of the Greenfield, Indiana-headquartered company, making it one of Elanco's biggest investors, according to a regulatory filing. Ancora, began engaging with the company last year, and has laid out its concerns about margins, drug commercialization, shareholder returns and governance policies, said the sources, who are not authorized to dis Show less Read more
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