Activist Investors Are Getting More Powerful
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Have you noticed that activist investors are more active, and maybe successful lately?
Data shared with Axios suggests that activist investors are tasting victory on a more regular basis, thanks in part to a new SEC policy that makes board voting less black-and-white, allowing shareholders to select from a buffet of nominees put forward by both the company and agitators, rather than order the set menu.
Source Fool.com