They are still coming and they have greater resolve than before: activist shareholders armed with a better idea of how to run your company, or at least of how to extract more cash from it. And they are not just the high-profile Carl Icahns of the investment world; rather, they are more likely familiar faces. In other words, some of your former friends could become your foes. With severe investment losses tarnishing fund performance records, these investors find themselves having to take more aggressive measures in order to outperform their benchmarks.
Managing & Avoiding Activist Shareholders’ Wrath
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