TITLE

Retaking the High Ground

AUTHOR(S)
Hahn, Avital Louria
PUB. DATE
May 2006
SOURCE
Investment Dealers' Digest;5/29/2006, Vol. 72 Issue 21, p26
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article discusses the battle across corporate U.S. against shareholder activism of hedge funds. Now-a-days, activists have become increasingly skilled in the use of tactics including the use of public opinion to fight with the framework of corporate governance. To decrease the impact of investor demands, companies can proactively make changes and adopt strategies. According to Gary Lutin, owner of Lutin and Co., corporate control contests are now essentially voting contests. Procedural defenses, such as, limiting shareholders' ability to call a special meeting or act by written consent, are becoming more important.
ACCESSION #
21024549

 

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