When Activist Investors Collide–The Activist Investor Blog

An increasing number of portfolio companies now attract attention from more than one activist investor.

This happens more than you might expect:

•Just last week, Pershing Square (Bill Ackman) revealed a huge stake in Mondelez, where Trian (Nelson Peltz) already has a BoD seat.
•Earlier, Carl Icahn finished the job at Manitowoc, which Relational Investors had started.
•Last year, Barington got the ball rolling at Darden, then Starboard Value carried it over the goal line.

A quick search of the FactSet SharkRepellent database reveals at least ten other companies in which two different investors began activist projects in the past year or so.

via When Activist Investors Collide.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s