Tiffany & Co. (TIF) Trian Fund said that, owing to Tiffany's commitment to engage in dialogue with it, it won't seek representation on TIF's board at the annual shareholders meeting. Trian, a hedge fund, holds 7.5 million shares (5.54% of total outstanding).

Eagle Hospitality Properties Trust (EHP) A group including Chairman William Butler and Corporex Cos. offered to acquire all its outstanding common shares for $10.75 to $11.25 each, in cash. Butler currently holds 4.2 million shares (17.6%).

Catalina Marketing (POS) ValueAct Capital Master Fund offered to acquire all of the shares it doesn't already own, for $32 each. ValueAct holds 7.25 million shares (15.5%).

Ryerson (RYI) Owl Creek Asset Management said it supports the directors nominated by another activist, Harbinger Capital Partners, and that it's not confident of management's ability to improve operating results. Owl Creek owns 1.4 million shares (5.3%).

Griffon (GFF) Barington Capital suggested a spinoff or partial initial public offering of GFF's Telephonics unit, and asked GFF to further reduce costs and increase share repurchases. It called for board declassification and a separate chairman and chief executive. Barington holds 1.5 million Griffon shares (5.07%).

Lodgian (LGN) Oaktree Capital Management nominated two individuals for election to the board at the 2007 annual stockholders meeting scheduled on April 24. Oaktree Capital holds 2.8 million shares (11.5%).

Pogo Producing (PPP) Third Point plans to nominate six directors to PPP's board at the 2007 annual meeting, scheduled for May 15. Third Point has 4.62 million shares (7.9%).

Acorda Therapeutics (ACOR) Third Point called for ACOR's immediate sale, saying the company should forego its plan to partner Fampridine SR, its lead clinical-stage product, only in Europe. Third Point has 2.29 million shares (9.9%).