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Stress test your leadership team before the stakes are real


Ethan Allen’s Crossroads: When a Successful Company Becomes an Activist Target
DGB Investment says Ethan Allen is an undervalued brand trapped by stagnation. Management argues the company is executing a successful long-term strategy. Investors must decide which vision defines the future.

Merlin @GovernanceCentral
4 days ago7 min read


GameStop’s eBay Bid May Be Ending. A New Governance Era Begins.
GameStop's reported decision to reconsider its $56 billion eBay acquisition may be the most important governance development in the story so far. As Ryan Cohen explores alternatives to a full takeover, the debate has shifted from financing a massive acquisition to a more fundamental question: Does GameStop need to own eBay to create value? The answer could become a case study in disciplined capital allocation.

Merlin @GovernanceCentral
Aug 125 min read


A Spinout Creates Another Spinout: How Public-Market Governance and Activist Pressure Reshaped Solventum
3M spun out Solventum to create a more focused healthcare company. Now Solventum is preparing to spin out or sell a major business of its own. Here's how shareholder expectations, corporate governance, and activist investor Trian Fund Management helped drive the company's latest strategic move.

Merlin @GovernanceCentral
Aug 104 min read


The EchoStar Case Study: How Corporate Structure, M&A, and Creditor Power Led to the DISH DBS Bankruptcy
What investors, directors, executives, and MBA students can learn from one of the most fascinating corporate strategy stories in modern communications. Executive Summary In June 2026, DISH DBS Corporation filed for Chapter 11 bankruptcy protection while its parent company, EchoStar Corporation, remained outside bankruptcy. EchoStar stated that its brands, customers, operations, and employees would continue operating normally. [cases.ra.kroll.com], [hbs.edu] At first glance, t

Merlin @GovernanceCentral
Jul 47 min read


Fox Just Bought Roku
Fox is buying Roku to do more than expand its streaming reach—it’s buying the system that decides what millions of people watch. That shift could reshape the balance of power in television.

Merlin @GovernanceCentral
Jun 163 min read
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