{"id":5863,"date":"2025-02-11T07:30:43","date_gmt":"2025-02-10T22:30:43","guid":{"rendered":"https:\/\/www.kmi2.com\/?page_id=5863"},"modified":"2025-02-11T07:40:52","modified_gmt":"2025-02-10T22:40:52","slug":"carl-icahn-toehold-takeover","status":"publish","type":"page","link":"https:\/\/www.kmi2.com\/?page_id=5863","title":{"rendered":"Carl Icahn Toehold Takeover"},"content":{"rendered":"\n

Carl Icahn Toehold Takeover<\/h2>\n\n\n\n

It should be noted that weak and insipid liberals are able to take over companies simply by the manipulation of employing a “toe-hold” strategy to gain control. If they only gain a 51% majority they can then dictate what the company can and cannot do. This is how liberals were able to take over companies and force them to comply with their liberal agendas. Below is an example how McDonalds corporation taken over by liberals and was forced to comply with the insane liberal mandates for so-called pig welfare.<\/p>\n\n\n\n

See the link “Liberals Save the Pigs<\/a>” for more details.<\/p>\n\n\n\n

\"\"
Image Credit: Fox Business News<\/a><\/figcaption><\/figure>\n\n\n\n

The proxy fight comes as the activist investor pushes the fast-food chain to require suppliers to change treatment of pigs.<\/p>\n\n\n\n

Carl Icahn has launched a proxy fight for two board seats at McDonald\u2019s Corp.<\/a>, as the activist investor pushes the fast-food chain to require its suppliers to change their treatment of pigs.<\/p>\n\n\n\n

Icahn has a very small McDonald\u2019s stake and had been in talks with the company alongside the Humane Society of the United States for several weeks, The Wall Street Journal reported earlier this month.<\/p>\n\n\n\n

After the Journal reported Sunday that Icahn had nominated two directors, McDonald\u2019s confirmed it in a statement and said the board would evaluate his nominees.<\/p>\n\n\n\n

At issue is McDonald\u2019s suppliers\u2019 use of so-called gestation crates, which are small cages used to constrain pregnant pigs.<\/p>\n\n\n\n

In 2012, McDonald\u2019s pledged to stop buying pork by 2022 from producers who use the crates. Few knew at the time that Icahn quietly had pushed for the changes behind the scenes.<\/p>\n\n\n\n

\"\"
Image Credit: Fox Business News<\/a><\/figcaption><\/figure>\n\n\n\n

Carl Icahn has launched a proxy fight for two board seats at McDonald\u2019s Corp., as the activist investor pushes the fast-food chain to require its suppliers to change their treatment of pigs. (Photo by: Adam Jeffery\/CNBC\/NBCU Photo Bank via Getty Imag<\/strong>es.<\/p>\n\n\n\n

Now, 10 years later, Icahn and the Humane Society are arguing that McDonald\u2019s failed to follow through and changed its interpretation of the pledge. McDonald\u2019s now often has its producers move pigs out of the containers only after confirming they are pregnant, which many wait to do so until the sows are four to six weeks into their 16-week pregnancies.<\/p>\n\n\n\n

Icahn had expected the use of the crates to be banned altogether. He first got involved at the behest of his daughter, Michelle Icahn Nevin, who worked at the Humane Society at the time.<\/p>\n\n\n\n

McDonald\u2019s has said that more than 60% of its U.S. pork is sourced from \u201cconfirmed pregnant sows\u201d not housed in gestation crates, and it expects that figure to be 85% to 90% by the end of this year.<\/p>\n\n\n\n

It said industrywide challenges including outbreaks of swine disease and the Covid-19 pandemic delayed producers\u2019 ability to meet the original timeline, which it extended by two years.<\/p>\n\n\n\n

It said Sunday it buys about 1% of all U.S. pork that is produced. The pork ends up in items including Bacon McDouble Cheeseburgers, Sausage McMuffins and McRib sandwiches.<\/p>\n\n\n\n

McDonald\u2019s said Icahn reported owning roughly 200 McDonald\u2019s shares\u2014or about $50,000 worth. He typically takes stakes worth hundreds of millions of dollars in companies he targets.<\/p>\n\n\n\n

While it used to be unheard of for investors with toehold stakes to gain traction, an unlikely victory by an upstart activist investor over Exxon Mobil Corp. last spring bucked that trend. Engine No. 1 won three seats on Exxon\u2019s board after arguing the oil giant should move more quickly toward carbon neutrality.<\/p>\n\n\n\n

McDonald\u2019s identified Icahn\u2019s nominees as Leslie Samuelrich, a sustainability-focused investor, and Maisie Ganzler, an executive at Bon App\u00e9tit Management Company.<\/p>\n\n\n\n

McDonald\u2019s shareholders would vote on the nominees at its annual shareholder meeting this spring, assuming the two sides don\u2019t reach a settlement agreement before then.<\/p>\n\n\n\n

McDonald\u2019s in its statement Sunday also noted that Icahn is a majority owner of Viskase Cos., a company which makes among other things casings for sausages. It questioned why Icahn hasn\u2019t publicly called on it to adopt similar commitments to McDonald\u2019s.<\/p>\n\n\n\n

Article Link<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Carl Icahn Toehold Takeover It should be noted that weak and insipid liberals are able to take over companies simply by the manipulation of employing a “toe-hold” strategy to gain control. If they only gain a 51% majority they can then dictate what the company can and cannot do. This is how liberals were able […]<\/p>\n","protected":false},"author":1,"featured_media":0,"parent":0,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"","meta":{"footnotes":""},"class_list":["post-5863","page","type-page","status-publish","hentry"],"_links":{"self":[{"href":"https:\/\/www.kmi2.com\/index.php?rest_route=\/wp\/v2\/pages\/5863","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.kmi2.com\/index.php?rest_route=\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/www.kmi2.com\/index.php?rest_route=\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/www.kmi2.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.kmi2.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=5863"}],"version-history":[{"count":5,"href":"https:\/\/www.kmi2.com\/index.php?rest_route=\/wp\/v2\/pages\/5863\/revisions"}],"predecessor-version":[{"id":5871,"href":"https:\/\/www.kmi2.com\/index.php?rest_route=\/wp\/v2\/pages\/5863\/revisions\/5871"}],"wp:attachment":[{"href":"https:\/\/www.kmi2.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=5863"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}