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July 31, 2015
Articles

      Activist-Board Settlements Hit Record High Article published on July 27, 2015 By Lindsay Frost Incumbent boards settled with dissident investors 33 times in the first six months of the year, the highest level since at least 2001. So far this year, boards have also won more than half of contested proxy votes outright […]

July 22, 2015
Articles

By Bruce H. Goldfarb and Patrick J. McHugh This article originally appeared in the July edition of Activism Monthly Magazine (Link Here) As shareholder activism in the US reaches record levels, both investors and companies should pay close attention to shifts in voting behavior by institutional investors. Alongside new regulatory guidance, these shifts are starting […]

July 8, 2015
Articles

Investors focus on activism Global Investor (incorporating International Securities Finance) By Pádraig Floyd 17 June 2015, 2215 words, Activism is increasing rapidly, fuelled by some spectacular successes. Pádraig Floyd considers the merits of minority shareholder-led action for long-term investors There has been increased activism from investors in the US – often hedge funds – seeking to […]

June 22, 2015
Articles

How Tempur Sealy changed the insurgency game by Ronald Orol  |  Published June 22, 2015 at 8:43 AM  Last month, an activist fund drove out two buyout shop directors and the CEO of mattress company Tempur Sealy International Inc. (TPX) in a wildly successful insurgency campaign. However, unlike most activist proxy contests, H Partners Management LLC wasn’t […]

May 20, 2015
Articles

Why DuPont Beat Nelson Peltz in the Biggest Proxy Fight in Years DuPont’s large retail investor base also didn’t help Trian. Bruce Goldfarb, CEO of proxy solicitor Okapi Partners, said retail investors tend to be more supportive of management and they aren’t likely to be swayed by proxy advisory firms. The biggest issue with retail […]

May 20, 2015
Articles

  Large Investors Will Not Stand for Short-Termism May 18, 2015 By Patrick McHugh  Patrick McHugh is a senior managing director and founding partner of Okapi Partners, a proxy solicitation and investor response firm. BlackRock CEO Larry Fink’s recent letter to the CEOs of the S&P 500 and other large companies around the world was a […]

March 17, 2015
Articles

Retail Campaigning: Why Mom and Pop Make a Difference in Proxy Fights NEW YORK (The Deal) — This past October, Starboard Value founder Jeffrey Smith scored a landslide victory at restaurant-chain owner Darden Restaurants (DRI – Get Report), overturning the company’s entire board. Key to that bitterly fought proxy fight was not only persuading institutional […]