Activist Investing Trend Has EU WorriedMark Melin
As well-known activist investor Gregg Hymowitz, managing partner Entrust, raised $600 million in 2013 to allocate towards activist investors, the activist trend is moving across the Atlantic Ocean – and staid European companies are growing concerned.
Last week one of the more aggressive US activist hedge funds, Elliot Associates, made it public they were building a stake in UK grocer Wm Morrison, pushing for a shake-up in its property portfolio. (It was . . .
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