Protesters outside Pfizer headquarters in New York. But activist shareholder Carl Icahn says that the fault does not lie companies like Pfizer but with the US’ uncompetitive international tax code and with Congress for not changing it. (Photograph: ANDREW GOMBERT/EPA)

The Pfizer-Allergan deal is a travesty. Pfizer, which is based in New York, will move overseas by merging with Allergan, based in Ireland, in a maneu(...)

According to Tapestry Networks, at a conference a member of Nestlé’s executive board, David Frick, “talked about a programme to invite its largest shareholders to meet with the chairman . . . He said shareholders had either declined or simply didn’t turn up to the meetings.” Photograph: EPA/Keystone/Fabrice Coffrini

What if lawmakers never spoke to their constituents? Oddly enough, that’s exactly how corporate America operates. Shareholders vote for directors, (...)

The founder of Dell sought this week to negotiate a surer path to victory for his takeover effort, offering a small increase in price in exchange for (...)